Tech Company Financing Transactions
Hecate Energy Funding Round
Hecate Energy, based in Chicago, secured $550 million in funding from Investec and Nomura.
Transaction Overview
Company Name
Announced On
1/24/2023
Transaction Type
Debt
Amount
$550,000,000
Round
Undisclosed
Proceeds Purpose
The new credit facilities will be collateralized by Hecate Energy's ~35 GW pipeline of renewables development projects, along with its minority ownership interests in Hecate Grid.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
621 W. Randolph St
Chicago, IL 60661
USA
Chicago, IL 60661
USA
Phone
Undisclosed
Website
Email Address
Overview
Hecate Energy is a leading developer, owner and operator of renewable power projects and storage solutions in the United States. We specialize in clean energy and energy storage projects, from planning and inception through construction and operation. We discover and deploy creative approaches to structuring power purchase agreements and financing for power projects in the United States. We believe in collaborative, long-term, partnerships with the clients and communities we serve.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 1/24/2023: Zurp venture capital transaction
Next: 1/24/2023: Tranch venture capital transaction
Share this article
News on VC Transactions
We do our best to report on funding rounds that are announced publicly. All VC database entries reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs