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Priority Power Announces Investment By Oaktree Capital
09/01/21, 1:37 PM
Location
arlington
Priority Power Management, LLC (“Priority Power”), an independent energy services provider offering smart energy solutions and streamlined transitions to carbon neutrality, announced today a $250 million investment from funds managed by Oaktree Capital Management, L.P. (“Oaktree”) and other select institutional investors. Ara Partners, a Houston-based private equity firm specializing in industrial decarbonization investments that acquired Priority Power in 2019, will continue to hold an ownership stake.
Company Info
Location
arlington, massachusetts, united states
Additional Info
Priority Power provides comprehensive energy solutions to deliver reliable, economic, and sustainable energy solutions to commercial and industrial customers in North America. To date, Priority has reduced over 7mm metric tons Green House Gas emissions. For more information on Priority Power, please visit www.prioritypower.com.
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