Nexamp has secured $520 million in a capital raise led by Manulife Investment Management, alongside existing investors Diamond Generating Corporation and Generate Capital.
The company will leverage the investment to expedite deployment of its national project pipeline, accelerate expansion and developer partnerships in new and existing markets, and fuel the continued growth of its generation and consumer-driven offerings.
“This landmark financing comes at a pivotal moment in the evolution of America’s energy economy, and underscores the indispensable role of community solar in democratizing access to clean, affordable energy solutions for every American,” says Nexamp CEO Zaid Ashai.
“This unprecedented investment reflects swelling confidence in the ability of independent renewable energy providers to reimagine outmoded infrastructure and reshape our grid. Nexamp is committed to deep collaboration with communities across the nation in building a more sustainable future for us all.”
BofA Securities served as exclusive placement agent to Nexamp.
The post Nexamp Raises $520M in Capital Raise to Power Renewables Growth appeared first on Solar Industry.
Nexamp Raises $520M in Capital Raise to Power Renewables Growth
Renewable Energy
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Their feeling is simply that America re-elected a convicted felon, rapist, and traitor who attempted to overthrow the U.S. federal government. If we’re willing to do that, we’re capable of anything, regardless of how depraved.
Renewable Energy
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Trump’s actual approval rating among Republicans is somewhere between 75% and 80%, as can be easily verified by anyone on Earth with a cell phone or computer. That number continues to dwindle, as he faces more pressure regarding the war, gas prices, child rape, etc.
Obviously, the president’s supporters are suckers for his lies, but isn’t this a bit over the top?
Renewable Energy
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I’m always quick to explain, “Oh, sorry, I don’t support wrecking the planet, even if I can profit from it. Neither should you. Bye now.”
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