Announced
Completed
Financials
Sources
Tags
Friendly
Private
Private Equity
power
Minority
energy
Venture Capital
Cross Border
Acquisition
Completed
United States
Energy / Utility Services
Synopsis
CPP Investment Board led its $73m financing round in VoltaGrid, an advanced energy management and generation company that is developing an innovative platform to provide power, energy storage and emissions reductions for the pressure pumping, remote mining, utility, and distributed generation industries. In addition to CPP Investment Board, investors Carnelian Energy Capital, Pilot, Walter Ventures, and Longbow Capital joined the current investment. "By capitalizing on proven technologies and advanced equipment integration techniques, our pressure pumping service partners now have more efficient electrification solutions available to deliver improved ESG performance for operators," Nathan Ough, VoltaGrid CEO.
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