Foley Hoag LLP advised Energetic Insurance in securing a $2.7M seed investment, led by Congruent Ventures with participation from Clocktower Ventures and Powerhouse Ventures. This funding brings Energetic’s total capital to over $4M. Energetic Insurance, a Boston-based Managing General Underwriter (MGU), addresses a critical barrier in commercial solar by offering insurance that covers default risks for businesses without public credit ratings, enabling easier access to long-term power purchase agreements.
Read more about this investment here.
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