Scura Partners LLC Advises Demand Power Group Inc. on its US$71.0 Million Equity Raise and Project Finance Commitment

Scura Partners LLC (“SP”) served as the exclusive financial advisor to Demand Power Group Inc. (“DPGI”) on DPGI’s recent successful completion of its US$71.0 million raise of equity capital and commitment of project finance capital. DPGI is an innovative energy services company, offering electricity solutions to Ontario’s industrial and commercial customers, improving power reliability while reducing energy costs.

SP began advising DPGI in 2018, helping the company refine its strategy and develop a detailed financial model and presentation materials. SP also led DPGI’s efforts in targeting and approaching strategic and institutional investors, which resulted in an initial close of both equity and project financing commitments in July 2019 and a subsequent closing earlier this month. SP partner Rob Aiello serves on the board of directors of DPGI.

About Scura Partners

Scura Partners (www.scurapartners.com) is a boutique investment banking firm, based in New York City, providing M&A advisory and capital raising services in a range of sectors including energy, technology, manufacturing, finance, healthcare and technology. The DPGI transactions further strengthens SP’s advisory position in the renewable energy and energy storage sectors. SP partners have an average of more than twenty-five years of experience and provide many different types of investment banking products and services to their clients. For more information about Scura Partners or the transaction cited above, contact Paul Scura 212-596-3383, Rob Aiello 212-596-3394 or Matt Vertin 212-596-3384.

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