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
There really are threats to human civilization that seem to be mounting in intensity:
• World fascism. (If it can happen in the U.S., it could conceivably happen anywhere.)
• Environmental collapse.
• Malicious use of AI.
• Pandemics, as misinformation on vaccinations spread and the frozen tundra melts, releasing pathogens never seen by humans.
• Nuclear war.
Addressing the point made at left, is there any scenario in which world governments agree to cooperate so as to stave off the end of an organized society here on Earth? One supposes so, though it sounds far-fetched in today’s world in which the leaders of most of the 200+ sovereign nations are trying so desperately to cling to power.
Obviously, James Carville has been wrong before, but it appears that he’s onto something here.
An ever-increasing number of Americans are realizing that Trump is criminally insane, and is leading this nation to destruction.
It’s a pleasure to see that Dr. Brian Cox has people so popular, having joined the ranks for Neil DeGrasse Tyson, Bill Nye, and a few others. This phenomenon of celebrity physicists if one of very few bright spots in our modern world.
I would qualify what he says at left as follows: the only people who hate the economics here are those invested in fossil fuels. Clean energy and transportation are already huge industries, and they’re growing at an amazing pace–even in the face of heavy suppression by Big Oil and Donald Trump.
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