Xnrgy Climate Systems Secures Capital Funding for Growth
Xnrgy Climate Systems, a designer and manufacturer of energy-efficient commercial HVAC systems, announced the close of a growth capital deal co-led by MacKinnon, Bennett & Co., a specialized growth equity firm focused on the energy transition, and Idealist Capital, a private growth capital fund focused on the energy transition and decarbonization sectors.
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. These manufacturing facilities will accelerate the ability of its team and technology to meet the growing demand of Xnrgy’s customers.