Published 2 weeks ago.
About a 1 minute read.
DSD Renewables (DSD) has received a $250 million strategic investment from Cox Enterprises, Inc. (Cox) to support DSD’s growth as it continues to realize its mission of accelerating renewable energy deployment.
This investment is Cox’s largest renewable energy investment to date and demonstrates Cox’s commitment to building a more sustainable future. Cox is increasingly focused on cleantech and renewable energy, with substantial investments and acquisitions across a range of sustainable technologies. Cox remains dedicated to making a positive and lasting environmental impact on the world by supporting leading businesses.
“This significant investment from Cox marks a pivotal milestone for DSD, enabling our continued evolution to becoming an influential market leader," said Erik Schiemann, CEO at DSD. "Our growth, initially fueled by BlackRock’s faith in us, now enters a new chapter with Cox that will advance our position as a cleantech leader and scale our business. This partnership is a testament to how far we’ve come and our unwavering commitment to accelerating renewable energy solutions deployment.”
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Published Nov 14, 2023 3pm EST / 12pm PST / 8pm GMT / 9pm CET