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Nexus Renewables Closes On $5M Usd Development Financing Facility With Scale

Sep 21, 2022almost 3 years ago
TorontoEnergySolarRenewable Energy

Description

Nexus Renewables Inc. ("Nexus"), a North American renewable developer having more than 1 GW of solar and energy storage projects under development, has closed a $5 million USD asset-backed credit facility with Scale Microgrid Solutions ("Scale"), a Warburg Pincus portfolio company.

Company Information

Company

Nexus Renewables

Location

Queens Quay W

Toronto, Ontario, Canada

About

Nexus Renewables is a developer, owner, operator of renewable energy focusing on solar and energy storage. Nexus is founded with a vision to create a clean and sustainable future for our communities. We focus on development, construction and operation of distributed energy resources such as solar and energy storage to improve power grid stability while generating profits to all stakeholders.

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