Palisade Infrastructure Partners with SER Capital to Invest in MicroGrid Networks
February 19, 2024
MicroGrid Networks (MGN), a Brooklyn-based developer, owner and operator of battery energy storage and EV charging systems, received a strategic growth investment from Palisade Infrastructure in partnership with majority-owner SER Capital Partners. The capital will support MGN's expansion across New York City and adjacent markets, accelerating deployment of battery energy storage projects and expanding the company's development and operations pipeline.
- Buyers
- Palisade Infrastructure, SER Capital Partners
- Targets
- MicroGrid Networks, LLC
- Industry
- Energy
- Location
- New York, United States
- Transaction Type
- Growth capital
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