Funding and M&A Roundup: Fundamental Renewables Secures $400 Million
EV Charging Infrastructure Company TeraWatt Raises $1 Billion
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Fundamental Renewables, the clean energy investment arm of Fundamental Advisors, has secured a $400 million credit facility to support its growing investment strategy in solar energy assets. The financing was provided by Delaware Life Insurance Company, a Group 1001 company, which also acted as the arranger of the facility. Other lenders include CDPQ American Fixed Income V Inc., a wholly owned subsidiary of CDPQ, and East West Bank.
