Franklin Templeton
Our Next Energy, Michigan Battery Firm Raises $300 Million
Our Next Energy Inc (ONE), a Michigan-based energy storage technology company, has raised $300 million in a Series B round, valuing the company at $1.2 billion post-money. This capital will fund ONE's first lithium iron phosphate (LFP) battery cell factory, and marks a shift from venture capital-funded start-up to a manufacturer supported by growth capital.
Feb 2, 2023 // Markets & Finance News, USA, North America, Franklin Templeton, Our Next Energy
Chamath Palihapitiya's SPAC for Sunlight Financial is an additional sign of a renewables boom
Former Facebook staff member as well as present enfant terrible of high money Chamath Palihapitiya is making news again with a $1.3 billion twofer SPAC and PIPE deal into the solar power financing business, Sunlight Financial.
Jan 26, 2021 // Markets & Finance News, BlackRock, Facebook, Chamath Palihapitiya, SPAC, Sunlight Financial, Franklin Templeton, Alex Wilhelm
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