Tech Company Financing Transactions

Nexamp Funding Round

Nexamp, based in Boston, raised $400 million from Mitsubishi UFJ Financial Group and U.S. Bancorp.

Transaction Overview

Company Name
Announced On
6/1/2023
Transaction Type
Venture Equity
Amount
$400,000,000
Round
Undisclosed
Investors

Mitsubishi UFJ Financial Group (Lead Investor)

U.S. Bancorp (Lead Investor)

Proceeds Purpose
The company intends to use the funds to support the creation of 49 solar and battery storage projects in six states spanning the Northeast, Mid-Atlantic, and Midwest and enable more than 25,000 households to receive a combined $6.5 million in estimated annual electricity bill savings.

Company Information

Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
4 Liberty Sq.
Boston, MA 02109
USA
Email Address
Overview
Nexamp is a full service clean energy solutions company. Nexamp analyzes, designs, finances, builds and maintains clean energy projects that reduce energy costs and carbon emissions for businesses, governments, and homeowners. Our solutions include renewable energy, energy efficiency, and energy management.
Profile
Nexamp LinkedIn Company Profile
Social Media
Nexamp Company Twitter Account
Company News
Nexamp News
Facebook
Nexamp on Facebook
YouTube
Nexamp on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Zaid Ashai
  Zaid Ashai LinkedIn Profile  Zaid Ashai Twitter Account  Zaid Ashai News  Zaid Ashai on Facebook
Chief Financial Officer
Peter Tawczynski
  Peter Tawczynski LinkedIn Profile  Peter Tawczynski Twitter Account  Peter Tawczynski News  Peter Tawczynski on Facebook
Vice President
Chris Perron
  Chris Perron LinkedIn Profile  Chris Perron Twitter Account  Chris Perron News  Chris Perron on Facebook
Vice President
William Thompson
  William Thompson LinkedIn Profile  William Thompson Twitter Account  William Thompson News  William Thompson on Facebook
VP - Bus. Development
Chris Clark
  Chris Clark LinkedIn Profile  Chris Clark Twitter Account  Chris Clark News  Chris Clark on Facebook


 

 

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We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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