Round Type
Funding Round
TorontoEnergyRenewable EnergySolarInvestors
Description
Nexus Renewables Inc. ("Nexus", or "the Company"), a leading North American developer of renewable power projects and energy storage solutions, today announced the concurrent closing of (i) a USD13.3 million senior secured loan led by Aiga Capital Partners ("Aiga"), (ii) a USD14.5 million project-level financing led by Synovus Bank ("Synovus"), (iii) a CAD5.0 million commitment for privately-placed preferred shares, and (iv) a USD10.8 million tax equity commitment led by Greenprint Capital ("Greenprint"). Proceeds from the financings will be used to construct a 10MW/40MWh battery energy storage system (BESS) located in Fairfield, California, and advance development on the remainder of the Company's portfolio, which includes a 300MW/600MWh BESS project located near Houston, Texas.
Quick answer
Nexus Renewables raised an undisclosed amount in a Funding Round round, dated June 12, 2023. Investors: Greenprint Capital, Synovus Bank and Aiga Capital Partners. 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 June 12, 2023.
- Who invested in Nexus Renewables?
- Greenprint Capital, Synovus Bank and Aiga Capital Partners are named as investors in this round.
- 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.
- 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.
- Energix raised $520M 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 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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Related People
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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