Mission Clean Energy Receives Strategic Investment from Ørsted
Summary
The partnership marks a major milestone in Missions development of utility-scale solar and battery energy storage projects across the United States.\xd8rsteds investment is a strong validation of our disciplined approach to developing high-quality projects and partnering with best-in-class operators to bring them to market, said Max Bakker, CEO of Mission Clean Energy.The investment builds on an existing partnership between \xd8rsted and Mission to build out four standalone battery energy storage projects across the Midwest. This investment aligns with our strategy to enable multi-technology clean energy solutions and broaden our presence in the U.S. solar and storage market.With this investment by \xd8rsted and continued support from Wafra, Mission is well-positioned to continue creating and advancing projects supporting growing energy demand from utilities, data centers, manufacturing facilities, and other large-load sectors. Macquarie Capital served as Missions financial advisor and Latham & Watkins LLP provided legal counsel. To learn more about Mission, visit the companys website or follow the company on LinkedIn.About \xd8rsted A global clean energy leader, \xd8rsted develops, constructs, and operates offshore and land-based wind farms, solar farms, energy storage facilities, and bioenergy plants. In total, the company has approximately 11 gigawatts of American energy projects in development, construction, and operation, all contributing to meeting growing electricity demand, local job creation, and new manufacturing, from shipbuilding in Louisiana to cables in South Carolina.