Funding and M&A Roundup: Doral Renewables Secures $400 Million
Eos Energy secures $316 million in strategic investment from Cerberus
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Doral Renewables, a utility-scale renewable energy project developer, secured a $400 million minority equity investment from Dutch pension APG on behalf of Dutch pension fund ABP. APG said it would provide its pro rata share of corporate credit support and funding for the company’s energy business, amounting to an additional $185 million in capital over time. This investment and APG partnership will help develop the company’s energy projects pipeline.
