The 1GT personal local weather fairness technique arm of Morgan Stanley Funding Administration (MSIM) led a development capital fundraise for Corvus Powerwhich provides maritime vitality storage techniques.
Corvus Power has greater than 1,300 installations throughout Europe, North America and Asia, delivering over 1,300 MWh of energy to a world fleet.
The investor consortium led by 1GT, which incorporates Simply Local weather and J. Lauritzen, brings devoted development capital, experience throughout the maritime sector and strategic partnerships to assist speed up Corvus Power’s enlargement.
Based in 2009 and headquartered in Bergen, Norway since 2019, Corvus Power supplies maritime ESS options to energy a spread of vessels from ferries and offshore service vessels to cruise liners. The corporate combines superior battery expertise with clever vitality administration techniques.
“We’re excited to welcome 1GT, Simply Local weather and J. Lauritzen as we strengthen our potential to satisfy surging world demand for zero-emission options within the maritime house,” stated Fredrik Witte, CEO of Corvus Power. “Their assist affirms Corvus’s place because the market chief in maritime vitality storage and supplies the capital and strategic assist we have to speed up development globally.”
Supply: Corvus Power
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