Fundz

Nexus Renewables Closes On $5M Usd Development Financing Facility With Scale

PRIVATESep 21, 2022

Round Type

Funding Round

TorontoEnergyRenewable EnergySolar

Description

Nexus Renewables Inc. ("Nexus"), a North American renewable developer having more than 1 GW of solar and energy storage projects under development, has closed a $5 million USD asset-backed credit facility with Scale Microgrid Solutions ("Scale"), a Warburg Pincus portfolio company.

Quick answer

Nexus Renewables raised an undisclosed amount in a Funding Round round, dated September 21, 2022. Nexus Renewables is based in Toronto, Ontario, Canada.

How much did Nexus Renewables raise?
Nexus Renewables raised an undisclosed amount in a Funding Round round on September 21, 2022.
What does Nexus Renewables do?
Nexus Renewables is a developer, owner, operator of renewable energy focusing on solar and energy storage.
Where is Nexus Renewables based and how big is it?
Nexus Renewables is based in Toronto, Ontario, Canada.
Who are the decision-makers at Nexus Renewables?
Fundz holds 1 contact at Nexus Renewables, including the President. 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 Nexus Renewables that raised within 45 days of this round, from Fundz verified event records.

  • Doral raised $1.1B (Funding Round) on October 18, 2022.
  • Samara raised $2M (Seed) on October 14, 2022.
  • Amprius Technologies raised $1M (Seed) on September 27, 2022.
  • Caelux raised an undisclosed amount (Funding Round) on September 23, 2022.
  • Mainspring Energy raised an undisclosed amount (Series E) on September 21, 2022.
  • Hero Future Energies raised an undisclosed amount (Funding Round) on September 20, 2022.

Who to call at Nexus Renewables, and when

A new round usually means Nexus Renewables is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Nexus Renewables raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Nexus Renewables, from your own LinkedIn network

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Company Information

Company

Nexus Renewables

Location

Queens Quay W

Toronto, Ontario, Canada

About

Nexus Renewables is a developer, owner, operator of renewable energy focusing on solar and energy storage. Nexus is founded with a vision to create a clean and sustainable future for our communities. We focus on development, construction and operation of distributed energy resources such as solar and energy storage to improve power grid stability while generating profits to all stakeholders.

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Fundz sees it the moment Nexus Renewables raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsKeith S., President hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Nexus Renewables's next move

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Nexus Renewables 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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