Amount$225M
SeriesDebt
AnnouncedSep 1, 2023
SectorEnergy
Sub-sectorGrid Optimization
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Debt round (3.8×).
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
