WASHINGTON, Dec. 16, 2022 /PRNewswire/ — Arcadia, the technology company enabling the global energy transition, today announced it has raised $125 million in new funding led by Magnetar Capital, with existing investor Keyframe Capital participating. Macquarie Asset Management’s Green Investment Group also participated in the round. Eric Scheyer, Partner and Head of Energy and Infrastructure at Magnetar, will join the Arcadia Board of Directors.

Read more here.