logo
logo

Morrison & Co's Longroad Energy Secures $500M Investment From Current Investors And A New Co-Investor

Morrison & Co's Longroad Energy Secures $500M Investment From Current Investors And A New Co-Investor

08/01/22, 3:42 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgboston
Money raised
$500 million
Industry
solar
renewable energy
energy
MEAG, acting as the asset management arm for entities of Munich Re, has agreed to invest $300 million for a 12% stake in global infrastructure investment firm HRL Morrison & Co's (Morrison & Co) portfolio company Longroad Energy (Longroad), a provider of renewable energy project development, operating assets and services.

Company Info

Company
Longroad Energy
Location
congress st
boston, massachusetts, united states
Additional Info
The company is planning to reach financial close on ~1,000 MWs of projects before year end, including Sun Streams 3, the 500 MW solar and storage project in Maricopa County, Arizona.

Related People