Year in Review: Regional companies' top fundraising efforts
By Andy Giegerich
Digital Managing Editor
How big was NuScale Power's news last week? Big enough to, perhaps, fund a new type of small modular reactor that the company says is safer than any other nuclear power type before it. Click through to read about several other deals delivered by investors, public entities and other money types.
An already solid year in sustainable business and energy industry fundraising became significantly more pronounced in the past five days.
That's when NuScale Power nabbed up to $226 million in a federal government funding round to develop its small modular reactor technology. The award, from the Department of Energy, is contingent on NuScale's ability to raise matching funds, meaning NuScale's full fundraise could reach the $452 million mark. The company will work with its well-backed corporate partner Fluor Corp. and an array of what it considers qualified institutional and individual investors.
Year in Review: Top deals and fundraises of 2013
That agreement scrapes the surface of sizable public and private investments made in companies we've covered this year. New Seasons collected $17.5 million after announcing it would buy California-based New Leaf Community Markets. Hillsboro's ClearEdge Power snagged $36 million during 2013's first quarter.
Plus a couple of new funds — including TenX's $20 million social impact pot — were unveiled in the last 12 months.
As part of our ongoing year-end coverage, we're taking a look at fundraises of all stripes: public, private, new sources aimed at social enterprises. Click through on the photo above to read more of SBO's coverage of various money scores throughout 2013.
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