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Synopsis
Manulife Investment Management, an insurance company and financial services provider, led a $775m round in Silicon Ranch, a solar energy company, with participation from Shell, TD Greystone Infrastructure Fund and Mountain Group Partners. "As a society we are still in the early stages of the global energy transition and find ourselves at an inflection point defined by both critical need and enormous opportunity. This significant capital raise positions Silicon Ranch to play an important role in this transition and enables us to deliver customer solutions and make meaningful capital investments in the rural communities we serve. Silicon Ranch is honored to welcome Manulife Investment Management as our newest business partner, and we thank them and our existing shareholders for the trust and confidence they have placed in our team," Reagan Farr, Silicon Ranch Co-Founder and CEO.
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