Advanced Microgrid Solutions Lands $200,000,000 New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=03b28924-fbff-4396-97cf-95be23f24e51
Date
7/11/2016
Company Name
Advanced Microgrid Solutions
Mailing Address
25 Stillman Street San Francisco, CA 94107 USA
Company Description
AMS installs advanced energy storage systems in buildings to lower energy costs for consumers and provide clean, instant load reduction to electric utilities. We’re building a more efficient, more resilient electric grid.
Website
http://www.advmicrogrid.com
Transaction Type
Venture Equity
Transaction Amount
$200,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Macquarie will provide project capital that will be used to build and operate a fleet of AMS’s distributed energy storage projects located at host sites.
M&A Terms
Venture Investor
Macquarie