Global Infrastructure Partners (GIP) alongside co-investors has closed on a US$500 million investment in independent power producer (IPP) BrightNight LLC to fund the company’s development efforts as well as the construction and operations of its projects.
Californian energy tech developer BrightNight and Canadian clean energy company Cordelio have formed a joint venture that will see the latter expand its operations in the US with the help of the former’s planned projects.
