Silicon Ranch raises USD 775 million in equity funding to grow
Silicon Ranch Corporation, a US-based independent renewable energy producer supported by Royal Dutch Shell plc, said today that it has raised USD 775 million in new funding. With a commitment of around USD 400 million, Toronto-based Manulife Investment Management led the deal on behalf of Manulife Infrastructure Fund II and John Hancock. Shell, TD Greystone Infrastructure Fund (Global Master) LP, and Mountain Group Partners were among the existing shareholders who participated.
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