Energy Storage News: CleanCapital: ‘Deploying energy storage is mission-critical to the energy transition’
US$300 million in new funding from Manulife Investment Management will enable CleanCapital, a clean energy investment platform mostly focused on distributed solar, to also provide “long-term, flexible capital” to energy storage developers.
Our sister site PV Tech reported last week that CleanCapital had secured the funding to help grow its asset portfolio, coming as CleanCapital bought two renewable energy portfolios totaling 63MW in deals worth US$775 million, including operating solar, new-build solar and energy storage systems.