Industrial Sun, an Austin TX-based energy company and developer of solar projects for power sale to industrial clients, raised $90M in funding.
The round was led by EIG and Modern Energy.
The company intends to use the funds to expand operations and its business reach.
Led by CEO Wade Gungoll, Industrial Sun is a renewable energy and storage developer, purpose-built to serve industrial and energy demand customers. Its development team works with project landowners and surrounding communities to develop their power projects.
Customers include refineries, pumping and compression stations, manufacturing and/or processing plants, terminals, and data centers.
FinSMEs
03/03/2023