The investment allows the asset manager to have a 20% stake in the company and marks the inaugural transaction by its fourth climate infrastructure fund.

We Also Recommend

Transition away from natural gas necessary to meet climate goals but creates equity concerns, experts say

SPP, MISO launch joint transmission study to address renewables interconnection challenges

New Mexico Utility PNM Wanted to Replace Coal Power With Gas. The State Went All-In on Solar and Storage [GTM Squared]