EIG and Modern Energy completed the $90m investment in Industrial Sun.

EIG, an institutional investor in the global energy and infrastructure sectors, and Modern Energy, a diversified clean energy company, completed the $90m investment in Industrial Sun, an energy company and developer of large-scale solar projects for power sale to industrial clients. "We are excited to partner with Industrial Sun and join forces with their talented team. We have been impressed by their strong track record, innovative business model, and the opportunity they have created to generate significant value for their customers. This investment allows us to deepen our relationship with Modern Energy and participate in the scaling of a promising clean energy platform," Andrew Ellenbogen, EIG Managing Director.