Intersect Power Closes $3.1 Billion In Project Financing To Complete Near Term Portfolio Totaling 2.2 Gwdc
Amount Raised
$3.1 Billion
Round Type
Funding Round
BeavertonEnergySustainabilityNatural ResourcesDescription
Intersect Power, LLC, ("Intersect Power" or the "Company") announced today the closing of an aggregate of $2.4 billion of new financing commitments and the allocation of $675 million of previously announced commitments for the construction and operations of four solar energy projects totaling approximately 1.5GWdc PV + 1.0GWh BESS. The transactions represent construction financing, tax equity, operational letters of credit and a portion of previously announced portfolio level term debt with industry-leading partners.
Quick answer
Intersect Power raised $3.1 Billion in a Funding Round round, dated September 29, 2022. Intersect Power is based in Beaverton, Oregon, United States.
- How much did Intersect Power raise?
- Intersect Power raised $3.1 Billion in a Funding Round round on September 29, 2022.
- What does Intersect Power do?
- Intersect Power is a clean energy company bringing innovative and scalable low-carbon solutions to its customers in retail and wholesale energy markets.
- Where is Intersect Power based and how big is it?
- Intersect Power is based in Beaverton, Oregon, United States.
- Who are the decision-makers at Intersect Power?
- Fundz holds 2 contacts at Intersect Power, including the CEO, Founder. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Energy and Sustainability around the same time
Companies in the same sectors as Intersect Power that raised within 45 days of this round, from Fundz verified event records.
- iSun raised $13M on November 4, 2022.
- Comstock raised $375K on October 7, 2022.
- Focus Graphite raised an undisclosed amount (Funding Round) on September 9, 2022.
- Yotta Energy raised $1.2M (Seed) on August 30, 2022.
- Great Atlantic Resources raised an undisclosed amount (Funding Round) on November 4, 2022.
- SolarSquare raised $13M (Series A) on November 3, 2022.
Who to call at Intersect Power, and when
A new round usually means Intersect Power is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Intersect Power raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Intersect Power, from your own LinkedIn network
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Related People
Intersect 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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