Bloomberg: Manulife Committing $300 Million to Solar Company CleanCapital

Headline
Written By Lauren Glickman

Manulife Investment Management committed $300 million to invest in CleanCapital, an owner and operator of U.S. solar assets.

The insurance giant took a majority stake in CleanCapital, said Thomas Byrne, CEO of the New York-based solar and energy storage company. The size of the stake will grow as CleanCapital invests the Manulife funding. Terms weren’t disclosed.

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Lauren Glickman
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