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BHI and Bank Hapoalim Partner to Provide $25 Million Financing to BrightNight for Global Expansion

Dec 18, 2024over 1 year ago

Contract Type

partnership

West Palm BeachEnergyRenewable EnergyEnvironmental Services

Description

BHI, the U.S. branch of Bank Hapoalim, and its parent company, Bank Hapoalim B.M., have partnered to provide a $25 million loan to BrightNight, a renewable energy company. This financing will support BrightNight in delivering clean, reliable renewable power solutions to utility providers, as well as commercial and industrial customers.

Company Information

Company

BrightNight

Location

515 N Flagler Dr

West Palm Beach, Florida, United States

About

BrightNight is a next-generation power and digital infrastructure company, purpose-built to serve the evolving needs of utilities, data centers, and commercial and industrial (C&I) customers. BrightNight designs, develops, and operates large-scale energy and infrastructure sites that integrate utility-scale renewables, advanced gas generation, battery energy storage, and power-optimized hubs for digital infrastructure. BrightNight's industry-leading 35 GW portfolio of best-in-class power projects is concentrated in the fastest-growing energy markets and data center hubs across the U.S.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.