Amount$334M
SeriesConstruction-to-term financing
AnnouncedMar 18, 2025
SectorRenewable Energy
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Construction-to-term financing round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Renewable Energy (35)
Round size in sector91th pct
$250Kthis round: $334M$334M
