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Northland Power Inc. closes project financing of approximately CAD 185 million for its battery storage projects in Poland. This funding supports the Mieczysławów and Kamionka projects currently under construction.
Amount Raised
C$185 Million
Round Type
Venture
TorontoEnergyRenewable EnergySolarDescription
Northland Power Inc. announced the closure of approximately PLN 500 million (CAD 185 million) in project financing for its Mieczysławów and Kamionka battery energy storage projects in Poland. The financing was secured with Canadian and Polish financial institutions and completes the funding structure for the projects. Northland has fulfilled its equity commitment for both projects using corporate cash
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Northland Power 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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