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Dgc Scales Sustainable Infrastructure Efforts, Nexamp Secures $680 Million Investment Towards Clean Energy

Aug 24, 2021•almost 4 years ago

Amount Raised

$680 Million

Boston

Description

Diamond Generating Corporation (DGC), a worldwide leader in safe, clean electricity generation and energy services, strengthens its strategic portfolio while accelerating decarbonization efforts, following a $240 million equity investment in DGC subsidiary Nexamp by Generate Capital, Inc. Combined with Nexamp's recent $440 million debt financing round, a total funding of $680 million will expand the company's sustainable energy services to more individuals and businesses.

Company Information

Company

Nexamp

Location

Boston, Massachusetts, United States

About

Nexamp is leading the transformation to the new energy economy with proven solar and storage solutions that make clean energy more accessible. Our comprehensive solar and energy storage capabilities—including project development and acquisition, design, construction, and operations—make it possible to extend clean energy savings and benefits to more customers. Nexamp's industry-leading community solar platform makes solar an option for anyone, providing guaranteed savings on their annual electricity costs. With more than 300 MW of renewable energy generating assets currently in operation, we are building a decarbonized energy future. Visit us at www.nexamp.com.

Funding Insights

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