Calibrant Energy Closes $145 Million Debt Facility for Solar and Battery Storage
Calibrant Energy closed a $145 million debt facility led by Investec, with participation from Citi, Liberty Bank and Siemens Financial Services. The financing recapitalizes operating assets and funds new construction, including battery storage serving a hyperscale data center customer in PJM.
- Raised
- $145 million
- Investors
- 4
- Investors
- InvestecCitiLiberty BankSiemens Financial Services
- Target market
- Large power users, including hyperscale data centers
- Use of funds
- Recapitalizing operating assets and funding new construction projects
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Quick Answers
What is the latest news about Calibrant Energy?
Calibrant Energy closed a $145 million debt facility led by Investec, with participation from Citi, Liberty Bank and Siemens Financial Services. The financing recapitalizes operating assets and funds new construction, including battery storage serving a hyperscale data center customer in PJM.
What does Calibrant Energy do?
Calibrant Energy provides on-site energy solutions for large power users, offering turnkey, zero-capex arrangements. The company develops, owns and operates these solutions for enterprise customers.
How much did Calibrant Energy raise?
Calibrant Energy raised $145 million.
Who invested in Calibrant Energy?
Investors named in this round include Investec, Citi, Liberty Bank and Siemens Financial Services.
How will Calibrant Energy use the funding?
Calibrant Energy plans to use the money for recapitalizing operating assets and funding new construction projects.
Where is Calibrant Energy based?
Calibrant Energy is based in USA.
Who are the key people at Calibrant Energy?
Key people named in this report: Phil Martin (CEO).