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Announced

True Green Capital Management completed an investment in Faradae.

Synopsis

True Green Capital Management, a private equity firm, completed an investment in Faradae, a solar energy company. Financial terms were not disclosed. "Faradae shares our fundamental belief that distributed solar generation is the most attractive segment of our industry. Our collaboration paves the way for our rapid development in the distributed solar market in France," Panos Ninios, TGC Managing Partner and Co-Founder.

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