The financing will significantly expand BioStar’s capability to advance its pipeline earlier in the development cycle in order to provide capital, construction management and long term asset management for energy projects worldwide.
“We look forward to using this capital to expand our business at a time when renewable energy has reached a tipping point in our society,” said Bill Love, CEO of BioStar. “The additional funds will allow BioStar and our co-development partners to bring more solutions and greater value to our customers in an expedited manner.”
“BioStar’s platform provides a full suite of capabilities to advance projects from development through operation and long-term asset management, which fits directly with Forum’s focus on providing financing across the development cycle,” said Bram Walters, Managing Partner of Power & Renewables at Forum Equity Partners.
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