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Hunt raises capital for energy storage in Texas

Mar 23, 2021 - Power, Finance and Risk
Partnership Announcement

Hunt Energy Network, an affiliate of Hunt Consolidated, has raised capital from an insurance fund manager for a portfolio of distributed energy storage assets in Texas.

The funds, from Manulife Investment Management's private markets division, will be channeled into a new company called HEN Infrastructure to finance a 500 MW portfolio of energy storage assets in Ercot.

The investment comes partly from the balance sheet of Manulife's US division, John Hancock Life Insurance Co, and pa...