Tech Company Financing Transactions
On.Energy Funding Round
On.Energy, operating out of Miami, received $25 million from Lombard Odier.
Transaction Overview
Company Name
Announced On
4/26/2024
Transaction Type
Debt
Amount
$25,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate project development efforts and to expand its U.S. asset base, including a further 400MWh portfolio in ERCOT and a combined 1.1 GWh in development across California and Texas.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
2900 SW 28th Terrace 701
Miami, FL 33133
USA
Miami, FL 33133
USA
Phone
Website
Email Address
Not Recorded
Overview
We design, build and operate energy storage solutions to drive forward a low carbon future. we are a fully-integrated energy storage developer, technology company and asset manager. using proprietary software, we deliver end-to-end projects with available in-house financing.
Management Team
Title
Name
Email & Social
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