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Morgan Stanley's 1GT leads $56 million funding round in Australia's Amber Electric

Source: reuters.com

Private Markets & VentureGreen & Sustainable FinanceESG & Climate PolicyEnergy Markets & Prices
Morgan Stanley's 1GT leads $56 million funding round in Australia's Amber Electric

Morgan Stanley Investment Management's climate-focused private equity strategy led Amber Electric's €49 million ($56.22 million) Series E financing round. The capital is intended to fund Amber Electric's expansion across Europe, representing a positive private-market funding development in climate-focused energy services.

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