One Energy Enterprises closed an $80 million financing combination of senior and subordinated debt with Prudential Capital Group, the private placement arm of PGIM, the global investment management businesses of Prudential Financial.

One Energy works with large commercial and industrial energy users to provide on-site “behind the meter” wind energy which is directly used by the customer’s facility.

Prudential Capital Group has extensive experience investing in the energy industry and energy projects. The One Energy financing is Prudential’s first entry into financing within the multi-project commercial and industrial energy market.

“Jereme Kent and his team at One Energy have developed an innovative, vertically integrated and well thought out business plan,” said Ric Abel, managing director, Prudential Capital Group. “We’re pleased to be part of the project.”

The financing will allow Findlay, OH-based One Energy to continue growing its portfolio of Wind For Industry projects throughout Ohio and the U.S..

All of One Energy’s Wind For Industry projects use turbines supplied by Goldwind.

Duane Morris represented One Energy, and Morgan, Lewis, & Bockius represented Prudential Capital Group for the deal.