For large industrial users looking to monetize their waste heat and reduce their carbon footprint, Kanin Energy just secured a significant financial boost. The company, which specializes in providing end-to-end project development and financing to generate clean power from industrial excess heat, has raised $100.0M.
This substantial capital infusion will further enable Kanin Energy to scale its unique approach. By handling the full scope of these projects, the company allows its partners to generate clean electricity and significantly reduce their carbon impact, without having to divert resources to efficiency initiatives that might otherwise be deemed too small for their core business operations.
