News & Events
Marathon Capital Advises Nexamp on $240 Million Equity Funding from Generate Capital
August 17, 2021
August 17, 2021
Marathon Capital is pleased to announce Nexamp has secured a $240 million equity investment led by Generate Capital. Nexamp is the industry-leading community solar platform that is leading the transformation to the new energy economy with proven solar and storage solutions that make clean energy more accessible. The new funding will accelerate Nexamp’s ability to offer a flexible range of decarbonization options for customers, expanding its position as a leading clean energy solutions provider.
Marathon Capital acted as Nexamp’s exclusive financial advisor on the transaction. The transaction demonstrates Marathon Capital’s continued leadership in the distributed generation market.
About Nexamp
Nexamp is leading the transformation to the new energy economy with proven solar and storage solutions that make clean energy more accessible. Our comprehensive solar and energy storage capabilities—including project development and acquisition, design, construction, and operations—make it possible to extend clean energy savings and benefits to more customers. Nexamp’s industry-leading community solar platform makes solar an option for anyone, providing guaranteed savings on their annual electricity costs. With more than 300 MW of renewable energy generating assets currently in operation, we are building a decarbonized energy future. Visit us at www.nexamp.com.
About Generate
Generate Capital, Inc. is a leading sustainable infrastructure company driving the infrastructure revolution. Generate builds, owns, operates and finances solutions for clean energy, water, waste and transportation. Founded in 2014, Generate partners with over 35 technology and project developers and owns and operates more than 2,000 assets globally. Generate is the one-stop shop offering pioneers of the infrastructure revolution tailored funding and support needed to get projects built. Our Infrastructure-as-a-Service model delivers affordable, reliable and sustainable resources to over 1,000 customers, companies, communities, school districts and universities. Together, we are rebuilding the world. For more information, please visit www.generatecapital.com.
About Diamond Generating Corporation
DGC Group is a worldwide leader in safe, clean electricity generation and energy services. DGC was founded in October 1999 as a wholly owned subsidiary of Mitsubishi Corporation, one of the largest globally integrated business enterprises in the world. The combined offerings of DGC Group companies provide a full range of electric generation and related services to Generation Asset Owners, Managers & Operators, Utilities, Investors, Developers, Community Choice Aggregators, Municipal and Co-operative utilities. Visit us at www.dgc-us.com.
