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Vesper Energy Closes $590 Million in Financing for its Hornet Solar Project

PRIVATEJan 31, 2024

Amount Raised

$590 Million

Round Type

Funding Round

DallasEnergyRenewable EnergySemiconductors

Investors

MUFG Bank, Ltd.Advantage CapitalAssociated BankBayern LBSantander Corporate & Investment BankingNord/Lb

Description

Vesper Energy announced the closing of financing for its Hornet Solar project, securing a $590 million debt financing package, and the project will be one of the largest single-phase solar projects in the United States.

Quick answer

Vesper Energy raised $590 Million in a Funding Round round, dated January 31, 2024. Investors: MUFG Bank, Ltd., Advantage Capital, Associated Bank, Bayern LB, Santander Corporate & Investment Banking and Nord/Lb. Vesper Energy is based in Dallas, Texas, United States.

How much did Vesper Energy raise?
Vesper Energy raised $590 Million in a Funding Round round on January 31, 2024.
Who invested in Vesper Energy?
MUFG Bank, Ltd., Advantage Capital, Associated Bank, Bayern LB, Santander Corporate & Investment Banking and Nord/Lb are named as investors in this round.
What does Vesper Energy do?
Vesper Energy is a developer, owner, and operator of utility-scale renewable energy assets, with a mission to develop, construct, and operate clean energy projects across the United States.
Where is Vesper Energy based and how big is it?
Vesper Energy is based in Dallas, Texas, United States. Fundz records about 70 employees.
Who are the decision-makers at Vesper Energy?
Fundz holds 1 contact at Vesper Energy. 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 Vesper Energy that raised within 45 days of this round, from Fundz verified event records.

  • BTRY raised $954K (Pre-Seed) on February 19, 2024.
  • Pure Lithium Corp raised $15M (Series A) on March 15, 2024.
  • Niko Energy raised $3.3M (Seed) on March 14, 2024.
  • phelas raised $4.5M (Seed) on March 13, 2024.
  • Reformed Energy raised an undisclosed amount (Seed) on March 12, 2024.
  • Li Cycle raised $75M (Corporate Round) on March 12, 2024.

Who to call at Vesper Energy, and when

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

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

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Company Information

Company

Vesper Energy

Location

Dallas, Texas, United States

About

Vesper Energy is a developer, owner, and operator of utility-scale renewable energy assets, with a mission to develop, construct, and operate clean energy projects across the United States.

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Vesper Energy 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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