XNRGY closes growth equity financing to expand HVAC production capacity

XNRGY closed a growth capital raise co-led by MKB and Idealist Capital to expand its Montreal facility by 100,000 sq ft and build a new 250,000 sq ft facility in Mesa, Arizona.

“This funding will enable XNRGY to expand its current facility in Montreal, Canada by 100,000 square feet of production capacity and replicate a new facility in Mesa, Arizona with 250,000 square feet production capacity.”xnrgy.com

• 2 sources
• xnrgy.comInnovative Climate Tech Company XNRGY Closes Growth Equity Financing to Expand Capacity - XNRGYMar 20, 2023
• mkbandco.comInnovative Climate Tech Company XNRGY Closes Growth Equity Financing to Expand Capacity - MKBLina BotyriusMay 8, 2023

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