Funding and M&A Roundup: Nexamp Secures $520 Million

esVolta secures $185 million senior secured credit facility

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Nexamp, a developer of solar and storage projects, secured $520 million in a funding round led by Manulife Investment Management, alongside existing investors Diamond Generating Corporation and Generate Capital. The company said this investment would enable them to expand and expedite their existing renewable project pipeline across the country. Additionally, it will help develop partnerships in both new and existing markets, as well as consumer-driven offerings.

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