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'No upfront cost' energy storage provider Stem secures $100m

Fri, 09/19/2014 - 16:35 -- Laura Varriale
Stem Energy Storage

California-based commercial and industrial energy storage provider Stem has secured up to $100m working capital to finance its 'no upfront cost' installations. 

The $100m funding is being provided through affiliates of B Asset Manager, an investment adviser based in New York City.

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