Amount$1.3B
SeriesEquity Investment
AnnouncedAug 19, 2019
SectorEnergy
Sub-sectorProject Finance
RegionUSA
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Equity Investment round (4.3× the median) — an outlier.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Equity Investment rounds (7)
Round size distribution71th pct
smaller Equity Investment roundslarger
