Caban, a leader in alternative energy solutions for critical infrastructure, announced that it has raised $50 million in new equity funding from existing investors. The funds managed by Ember Infrastructure Management (Caban’s majority shareholder) led the round. Ember is a private equity firm focused on investing in sustainable infrastructure solutions. And Ember has $1.25 billion in assets under management.
This latest funding round fuels the continued expansion and deployment of fully financed Energy-as-a-Service (EaaS) projects under long-term contracts.
This funding will enable Caban to accelerate the delivery of its advanced energy solutions, which support critical infrastructure operators in their transition to sustainable, cost-effective power while enhancing reliability. The company’s battery storage and energy management technologies provide reliable, clean energy while reducing operating costs and environmental impact.
Caban is now actively deploying Energy-as-a-Service solutions for customers across Central and South America, the Caribbean and the United States. And through its Energy-as-a-Service offering, Caban designs, installs and operates clean energy infrastructure while the client pays a fixed energy and O&M fee.
This offering is great for businesses that want to reduce their energy costs and carbon footprint without investing capital to own and manage these energy assets.
Caban’s lithium-ion battery packs and energy storage systems are designed to provide reliable primary power and backup power to critical infrastructure. And the company’s hardware and software solutions reduce fossil fuel consumption, maintenance visits, and overall operating costs while enhancing reliability.
Caban designs, manufactures, and tests its energy management systems out of its primary manufacturing facility in Plano, Texas, providing customers a best-in-class, end-to-end energy management solution that is scalable, modular, and durable built for every environment.
Caban saw strong momentum in recent years, forging key partnerships and securing long-term contracts with some of the largest telecommunications companies in the world, including a recently announced new project with Digicel. And its solutions have been successfully deployed across 12 countries, enabling businesses to enhance their energy resilience while meeting ambitious sustainability goals.
The funding will further advance Caban’s expansion and innovation efforts, reinforcing its position as a pioneer in renewable energy solutions for infrastructure assets and owners globally.
KEY QUOTES:
“This funding accelerates our mission to transform the energy landscape for essential infrastructure. As demand for proven, resilient, and sustainable energy solutions continues to grow, we remain committed to delivering innovative, data-driven technologies that empower businesses while driving measurable environmental impact.”
– Alexandra Rasch, CEO of Caban
“Completing this equity raise alongside securing long-term debt financing marks a major strategic milestone for Caban. Combined with several recently closed project finance facilities, this most recent capital raise reinforces the strength of our Energy-as-a-Service platform and showcases the deep confidence in our team’s ability to execute.”
– Ryan Bisch, Caban’s President and Chief Investment Officer
“Caban has consistently demonstrated a strong ability to innovate and execute in the rapidly evolving energy sector. We are excited to support their next phase of growth as they continue to expand their Energy-as-a-Service project portfolio and deliver meaningful value to telecommunications industry customers that require dependable and sustainable power solutions.”
– Elena Savostianova, Ember’s Managing Partner
