MN8 Energy LLC raised $325M in a private placement led by Mercuria Energy Group and Ridgewood Infrastructure to fund expanded operations and growth.

Apr 01, 2024•over 1 year ago

Amount Raised

$325 Million

New YorkSolarRenewable EnergyEnergy

Investors

Ridgewood InfrastructureMercuria Energy Group

Description

MN8 Energy LLC announced the closing of its private placement, with gross proceeds of $325 million from the issuance and sale of shares of the Company's convertible preferred stock. The proceeds will be used to fund the Company's expanded operations and growth.

Company Information

Company

MN8 Energy

Location

New York, New York, United States

About

MN8 Energy serves enterprise customers on their journey to an electrified, decarbonized world by providing renewable energy and related services. With a more than 3.2 gigawatt solar fleet comprised of over 875 projects across 28 states, over 270 megawatts of battery storage projects, and EV charging solutions, MN8 is one of the largest and most sophisticated independent solar energy and energy storage power producers in the U.S.

Related People

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