Tech Company Financing Transactions
Apricus Generation Funding Round
On 3/25/2025, Apricus Generation announced $30 million in investment from Atlantic Union Bank.
Transaction Overview
Company Name
Announced On
3/25/2025
Transaction Type
Debt
Amount
$30,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The revolving credit facility will enable Apricus to efficiently fund development activities and strategic expansion initiatives while maintaining and leveraging the company's strong balance sheet.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
7050 West Palmetto Park Road 16-656
Boca Raton, FL 33433
USA
Boca Raton, FL 33433
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We're building a national distributed renewables platform. Our founders have a proven track record in solar development, operation, capital raise, and exits as both entrepreneurs and fortune 500 utility company executives. This extensive experience in the energy landscape has equipped Apricus with a unique set of tools perfectly positioned to succeed.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Gautam Chandra
Chief Executive Officer
Ravi Thuraisingham
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