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Announced

Completed

Magnetar Capital led a $125m funding round in Arcadia.

Financials

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Transaction Value£101m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Completed

Private Equity

Private

Cross Border

Friendly

Venture Capital

Acquisition

Electronic Components and Equipment

climate technology

United States

Minority

Synopsis

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Magnetar Capital, a hedge fund based in Evanston, Illinois, led a $125m funding round in Arcadia, the technology company enabling the global energy transition, with participation from Keyframe Capital and Green Investment Group. "Our platform is unlocking the big grid worldwide, providing simple APIs and software solutions for hundreds of the leading companies across electrification. Our customers are driving residential and commercial decarbonization through personalized energy solutions that couldn't exist without easy access to utility data, tariffs, and payments," Kiran Bhatraju, Arcadia Founder and CEO.

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