MSIM-backed 1GT leads €49m Series E for Amber Electric
Morgan Stanley Investment Management’s 1GT led a €49 million ($56.22 million) Series E in Australia’s Amber Electric to fund expansion across Europe and the US.
Morgan Stanley Investment Management's climate-focused private equity strategy has led Amber Electric's €49 million Series E funding round, which values the deal at $56.22 million and is intended to support the company's expansion across Europe, the US company said on Monday. The exchange rate used was $1 = €0.8715.