Energy Storage Company Cactos Raises $28 Million
The funding is part of a larger €70 million (~$75 million) capital raise
January 16, 2024
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Cactos, a developer of energy storage systems, has secured over €26 million (~$28 million) in equity funding from OP Finland Infrastructure and the Finnish Climate Fund. Cactos Fleet Finland LP aims to secure around €70 million (~$75 million) in equity and debt financing. The capital will be used to grow the company’s portfolio of battery energy storage systems across Finland.
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