Announced
Completed
Financials
Tags
Completed
Friendly
Minority
Alternative Fuels
Single Bidder
solar energy
United States
Private
Domestic
Acquisition
Private Equity
Synopsis
EIG, an institutional investor, completed a $400m investment in 8minute Solar Energy, a company specializing in the energy transition. “This strategic fundraise is not only a resounding vote of confidence in 8minute from a global energy investor that shares our vision for a zero-carbon future, but also an important signal that the private sector recognizes the immediate need for more reliable, resilient, and low-cost climate solutions. With EIG’s investment, we further solidify our role as a clean technology leader and become the leading technology provider of ‘smart’ solar power plants with integrated energy storage. As we look to expand into green hydrogen and other adjacent markets, a partner that understands this business is critical to our continued success," Tom Buttgenbach, 8minute Founder and CEO.
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