A Locke Lord team led by Mike Malfettone (New York) and Mike Serra (Providence) represented Greenbacker Capital Management, LLC, through an affiliated fund, in a $50 million financing round of Nexus PMG, led by Greenbacker with participation from the Ontario Power Generation Pension Fund and Liberty Mutual Insurance. Nexus PMG focuses on providing advisory services to infrastructure investors by delivering technical, operational and financial diligence on projects that reduce carbon intensity and enhance resource efficiency. The investment will enable Nexus PMG to expand its services business and project development business lines in North America. For more information, see the press release. Additional assistance was provided by Buddy Sanders (Houston), Gene McDermott (Providence) and Gene Schlack (Boston).
Posted on July 11, 2023