The 1GT private climate equity strategy arm of Morgan Stanley Investment Management (MSIM) led a growth capital fundraise for Corvus Energy, which supplies maritime energy storage systems.
Corvus Energy has more than 1,300 installations across Europe, North America and Asia, delivering over 1,300 MWh of power to a global fleet.
The investor consortium led by 1GT, which includes Just Climate and J. Lauritzen, brings dedicated growth capital, expertise across the maritime sector and strategic partnerships to help accelerate Corvus Energy’s expansion.
Founded in 2009 and headquartered in Bergen, Norway since 2019, Corvus Energy provides maritime ESS solutions to power a range of vessels from ferries and offshore service vessels to cruise liners. The company combines advanced battery technology with intelligent energy management systems.
“We are excited to welcome 1GT, Just Climate and J. Lauritzen as we strengthen our ability to meet surging global demand for zero-emission solutions in the maritime space,” said Fredrik Witte, CEO of Corvus Energy. “Their support affirms Corvus’s position as the market leader in maritime energy storage and provides the capital and strategic support we need to accelerate growth globally.”
Source: Corvus Energy
