MINNEAPOLIS, July 31, 2024 /PRNewswire/ — Nokomis Energy has finalized a $30 million investment from Great Bay Renewables, a leading renewable energy investment fund.
This investment enables Nokomis Energy to expand its growing portfolio of distribution-sited projects across the Midwest. Nokomis is focused on delivering clean, competitive electricity on the distribution grid, recognizing that communities cannot meet their energy needs solely through transmission-sited electricity generation.
Brendan Dillon, Co-Founder and President of Nokomis Energy, expressed enthusiasm about the partnership, stating, “We are excited about the impact of our collaboration with Great Bay on our ability to deploy distributed generation projects in established and emerging markets across the Upper Midwest….
