Apricus Generation raised $100M in a Series A funding round led by Blue Marlin Partners and CYwP Fund to accelerate solar and battery development.
Apricus Generation raised $100M in a Series A funding round led by Blue Marlin Partners and CYwP Fund to accelerate solar and battery development.
08/29/24, 12:02 AM
Location
boca ratonMoney raised
$100 million
Industry
energy
Round Type
series a
Investors
Current Yield With Participation Fund, Blue Marlin Partners
Apricus Generation announced the closing of its Series A funding round, having already raised the majority of its capital towards a $100 million goal. The company focuses on building a national distributed solar and battery development platform.
Company Info
Location
boca raton, florida, united states
Additional Info
Apricus is building a national distributed solar development platform and IPP through a roll up, scale and exit strategy.
The strategy is an enhanced version 2.0 of the strategy already deployed by Apricus founders, who previously built, scaled and exited a national solar development platform delivering a 6x returns to investors in 3 years.