Thermion Energy launches capital raise

08 September 2020 - 12:00 am UTC

Thermion Energy, a Mexico-focused renewable energy developer, has initiated a USD 250-500m equity capital raise to fund a four-year 3 GW acquisition and project development program. 

The Mexico City and Austin, Texas-based wind and solar developer has retained Sustainable Development Capital Ltd and Pan-American Finance to lead the equity raise, in a transaction code-named Project Oriana, according to a sale teaser seen by SparkSpread.

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