Apricot generation earns $ 30 million to increase clean energy projects

Ampricus Generation, an American company specialized in developing solar energy and distributed batteries, has established new credit facilities in $ 30 million with Atlantic Union Bank.

This strategic step will increase the company’s capital, allowing it to expedite and expand project development plans and meet the increasing demand for clean energy solutions.

It also works to maintain and benefit from the strong public budget of the company.

“Securing this unique development financing facility with Union Union Atlantic is another important step in our growth strategy.

“This facility provides us with additional financial flexibility to advance in our development pipeline more efficiently and support our expanded portfolio from solar energy storage projects and batteries. With the continued building of our national platform, accessing this type of capital is necessary to accelerate the spread of clean energy through our target markets.”

Cooperation with ATLANTIC Union Bank follows a successful financing round of the series A.

“This credit facilitation highlights our commitment to financing clean energy transmission. Apricot showed the capabilities of developing strong projects and large growth momentum, and we look forward to supporting the continuous expansion in the renewable energy sector,” said John Leicester, Director of Trade Relations, Atlantic Union Bank.

The new Ampricus Generation Forestry facility follows the company’s energy interest in the United States -based energy and Canada -based energy storage projects.

Additional financial support enhances the company’s efforts to help developers, improve project financing, and provide management experience to build a leading platform in this field.

“This credit facility enhances our ability to respond quickly to cost -cost development opportunities.

“Working with Atlantic Union Bank gives us the necessary financial agility in the clean energy market today, allowing us to focus on speeding up the project’s time schedules and expanding our fusion throughout the country. This facility completes our share capital base and puts us in continuous growth and implementation.”

“Apricot generation earns $ 30 million credit to enhance clean energy projects” that was originally created and published Energy technologyThe brand owned by Globaldata.

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