What does Caban do?
Caban is a Plano, TX-based company that designs, installs, and operates clean energy infrastructure for critical infrastructure operators. Their Energy-as-a-Service offering allows clients to benefit from sustainable and cost-effective power without the need for upfront capital investments.
How much did they raise?
The company secured $50M in a funding round led by Ember Infrastructure Management. Although the round type remains undisclosed, the significant investment underscores strong investor confidence in Caban's business model and approach.
What are their plans for the money?
With the new funds, Caban plans to accelerate the deployment of its energy solutions, supporting critical infrastructure operators in transitioning to more sustainable and reliable power systems. This initiative is expected to enhance power reliability and cost-efficiency in markets across the Americas and the Caribbean.
What have they achieved so far?
Caban has already made notable progress by deploying its Energy-as-a-Service solutions in 12 countries across Central and South America, the Caribbean, and the United States, highlighting its growing impact in the alternative energy sector.