Doral Renewables Secures $400 Million Equity Financing from APG

This funding will help the company develop and construct its pipeline projects

June 25, 2024

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Doral Renewables, a utility-scale renewable energy project developer, secured a $400 million minority equity investment from Dutch pension APG on behalf of Dutch pension fund ABP. APG said it would provide its pro rata share of corporate credit support and funding for the company’s energy business, amounting to an additional $185 million in capital over time.

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