Manulife Investment Management led a $520m investment round in Nexamp.

Manulife Investment Management, a private equity firm, led a $520m investment round in Nexamp, an independent renewable energy provider, with participation from Diamond Generating Corporation and Generate Capital. “This landmark financing comes at a pivotal moment in the evolution of America’s energy economy, and underscores the indispensable role of community solar in democratizing access to clean, affordable energy solutions for every American. This unprecedented investment reflects swelling confidence in the ability of independent renewable energy providers to reimagine outmoded infrastructure and reshape our grid. Nexamp is committed to deep collaboration with communities across the nation in building a more sustainable future for us all," Zaid Ashai, Nexamp CEO.