Aspen Power raised over $200 million in debt financing led by Carlyle to support its expansion across the U.S. in renewable energy projects.
Amount Raised
$200 Million
Round Type
Debt Financing
New YorkEnergyRenewable EnergyInvestors
Description
Aspen Power has secured more than $200 million in financing from various lenders, including a $142 million credit facility from MUFG and a $50 million facility from BMO. This funding will help the company accelerate its renewable energy projects across the U.S.
Quick answer
Aspen Power raised $200 Million in a Debt Financing round, dated February 24, 2025. Investors: Mufg, Bmo and Carlyle. Aspen Power is based in New York, New York, United States.
- How much did Aspen Power raise?
- Aspen Power raised $200 Million in a Debt Financing round on February 24, 2025.
- Who invested in Aspen Power?
- Mufg, Bmo and Carlyle 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.
- Zero Industrial raised $10M (Series A) on April 7, 2025.
- Electra Battery Materials Corporation raised $1.6M on April 4, 2025.
- Aerem Solutions raised $1.5M (Series A) on April 4, 2025.
- Aetherflux raised $50M (Series A) on April 2, 2025.
- BlueHeart Energy raised an undisclosed amount on April 2, 2025.
- DeCharge raised $2.5M (Seed) on March 27, 2025.
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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