Energix Closes $520 Million Financing And Tax Equity Deal To Fund New Solar Projects
Amount Raised
$520 Million
Round Type
Venture
ArlingtonEnergyRenewable EnergySolarInvestors
Description
Energix Renewables, a global renewable energy leader, has announced the successful closing of two project financing transactions with Santander Corporate & Investment Banking ("Santander CIB"), as the sole underwriter and structuring bank of a construction financing and term loan which includes a Tax Equity bridge loan, and Morgan Stanley Renewables Inc. ("Morgan Stanley"), as a tax equity investor, in connection with 6 utility scale solar projects located in Virginia and Pennsylvania totaling $520 million dollars in the aggregate.
Quick answer
Energix raised $520 Million in a funding round, dated June 29, 2023. Investors: Morgan Stanley Renewables Inc. and Santander Corporate & Investment Banking. Energix is based in Arlington, Texas, United States.
- How much did Energix raise?
- Energix raised $520 Million in a funding round on June 29, 2023.
- Who invested in Energix?
- Morgan Stanley Renewables Inc. and Santander Corporate & Investment Banking are named as investors in this round.
- What does Energix do?
- Energix Renewables is an independent power producer (IPP) that develops, constructs, owns and operates renewable energy projects across the United States.
- Where is Energix based and how big is it?
- Energix is based in Arlington, Texas, United States.
- Who are the decision-makers at Energix?
- Fundz holds 1 contact at Energix. 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 Energix that raised within 45 days of this round, from Fundz verified event records.
- GlassPoint raised $8M (Series A) on July 31, 2023.
- PVcase raised $100M on July 17, 2023.
- Avaada Group raised an undisclosed amount (Funding Round) on June 30, 2023.
- Ascent Solar Technologies raised $900K (Seed) on June 29, 2023.
- Glowb raised $1.5M (Seed) on June 28, 2023.
- 1KOMMA5° raised $468M (Funding Round) on June 23, 2023.
Who to call at Energix, and when
A new round usually means Energix is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Energix raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Energix, from your own LinkedIn network
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Related People
Energix 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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