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NineDot Energy Receives $431M in Debt Financing to expand its energy storage projects, led by Natixis Corporate and Investment Banking.
Amount Raised
$431 Million
Investors
Description
NineDot Energy, a NYC-based developer of battery energy storage systems, has secured $431M in debt financing. The funds will be used for constructing 28 battery storage projects totaling 124 MW. This investment is part of NineDot’s 60+ project pipeline and aims to enhance urban energy solutions. The company is also looking to expand its operations and incorporate new technologies.
Funding Insights
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