CleanCapital Receives Up To $500M Additional Commitment from Manulife Investment Management

CleanCapital

CleanCapital, a NYC-based diversified clean energy company focused on middle market solar and storage, received an additional commitment of up to $500m from Manulife Investment Management.

The company will leverage this investment to fund early-stage solar and storage development and acquire renewable energy assets throughout the United States, as well as expand its partnerships in emerging markets.

Led by Thomas Byrne, CEO, CleanCapital is a diversified clean energy company focused on the middle-market solar and storage industry. The company makes strategic investments in early-stage, new construction, and operating renewables projects and development partners. To date, the company has invested $1 billion in projects and companies, including the acquisition of BQ Energy, a national leader in landfill and brownfield renewable energy development. The company has acquired and managed more than 200 operating and new construction projects in 26 states and one U.S. territory, totaling more than 400 MW.

FinSMEs

07/06/2023