Carlyle-Backed Aspen Power Secures $241M in Financing to Advance Growth Initiatives
Amount Raised
$241 Million
Round Type
Funding Round
New YorkEnergyRenewable EnergyInvestors
Description
Aspen Power announced it has completed three financings totaling $241 million with J.P. Morgan, Lombard Odier, and Mitsubishi UFJ Financial Group, Inc. (MUFG) to promote continued strategic growth and support the timely and efficient construction of new solar energy projects. The financing includes expanded credit facilities with J.P
Quick answer
Aspen Power raised $241 Million in a Funding Round round, dated January 16, 2024. Investors: Mitsubishi Ufj Financial Group, Inc. (Mufg), Lombard Odier and J.P. Morgan. Aspen Power is based in New York, New York, United States.
- How much did Aspen Power raise?
- Aspen Power raised $241 Million in a Funding Round round on January 16, 2024.
- Who invested in Aspen Power?
- Mitsubishi Ufj Financial Group, Inc. (Mufg), Lombard Odier and J.P. Morgan are named as investors in this round.
- What does Aspen Power do?
- Aspen Power is a distributed energy generation platform with the dual mission of accelerating and democratizing decarbonization.
- Where is Aspen Power based and how big is it?
- Aspen Power is based in New York, New York, United States. Fundz records about 99 employees.
- Who are the decision-makers at Aspen Power?
- Fundz holds 2 contacts at Aspen Power, including the Investor / Board Member. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Renewable Energy around the same time
Companies in the same sectors as Aspen Power that raised within 45 days of this round, from Fundz verified event records.
- Pure Lithium Corp raised $20M on March 1, 2024.
- Fervo Energy raised $244M (Series D) on March 1, 2024.
- Altius Renewable Royalties Corporation raised $30M (Angel) on February 29, 2024.
- Anthro Energy raised $20M (Series A) on February 29, 2024.
- Enviria raised $200M (Series B) on February 29, 2024.
- Fervo Energy raised $244M (Series A) on February 29, 2024.
Who to call at Aspen Power, and when
A new round usually means Aspen Power is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Aspen Power raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Aspen Power, from your own LinkedIn network
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Related People
Aspen Power raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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