‘From pv magazine USA
Grasshopper Energy, a renewable energy developer with $1.8 billion in assets and offices in Toronto, Tokyo, and New York, has secured $48 million in financing from Cincinnati’s Fifth Third Bank.
The investment will support four Grasshopper projects in Massachusetts, including large-scale solar+battery energy storage.
Grasshopper handles acquisition and development, legal and regulatory, corporate financing, project management, and asset management for large-scale renewables projects.
Grasshopper said it has a development pipeline of more than $6.5 billion. It is focusing on development opportunities in Pennsylvania, New Jersey, and New York. The company also targets international markets, with plans to develop solar in Brazil, Italy, Vietnam, and Australia.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected]
Source: pv magazine