Longroad announces $500 million investment to expand wind, solar and storage portfolio

Longroad Energy Holdings, a US-based developer and holding company for renewable energy, has announced a $500 million equity investment from MEAG, an asset management subsidiary for Munich Re entities. Although Longroad now owns a 1.5 GW net ownership operating portfolio, the developer has a record of developing and acquiring 3.2 GW of projects.

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