ARTICLE: Americas: US – Spring Lane commits to Aries Clean Energy


PFI – Project Finance International

Publication Date

January 10, 2018

Targeting investments at the corporate and project levels

Spring Lane Capital, a private equity firm focused on project finance investments for smaller-scale projects, has committed US$25m in equity to Aries Clean Energy, a developer of waste gasification facilities. The firm is targeting additional investments in the US$15m-$30m range and values opportunities in which it can invest in the company at both the corporate and project level. Aries also issued approximately US$21.4m of new equity led by existing investors as part of its latest fundraising effort and will use proceeds to deploy an immediate pipeline of US waste projects.

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