North Texas Clean Energy Firm Caban Secures $50 Million to Fuel Growth

Caban, a trailblazer in battery storage and energy management technologies, is pushing the envelope with its solutions, which are now deployed across 12 countries. These technologies are revolutionizing energy resilience for businesses, empowering them to meet ambitious sustainability targets.

Based in Plano, Texas, Caban has raised an impressive $50 million in new equity funding led by its existing investors. This capital injection will fuel the company’s ambitious expansion plans and accelerate the deployment of its fully financed Energy-as-a-Service (EaaS) projects under long-term contracts, marking a significant milestone in the transition to cleaner, more efficient energy systems.

Founded in 2018, Caban has quickly emerged as a frontrunner in providing alternative energy solutions for critical infrastructure. With offices spanning the Americas and Dubai, the company is cementing itself as a global player in the energy sector.

“This funding accelerates our mission to transform the energy landscape for essential infrastructure,” Caban CEO Alexandra Rasch said in a statement. “As demand for proven, resilient, and sustainable energy solutions continues to grow, we remain committed to delivering innovative, data-driven technologies that empower businesses while driving measurable environmental impact.”

The newly secured funding is poised to accelerate Caban’s mission to deliver cutting-edge energy solutions, supporting critical infrastructure operators in their move towards sustainable, cost-effective power. The company’s advanced battery storage and energy management technologies are designed to provide businesses with reliable, clean energy—while simultaneously cutting operating costs and reducing environmental footprints.

Caban’s Energy-as-a-Service (EaaS) offering is already transforming the energy landscape in Central and South America, the Caribbean, and the United States. The company designs, installs, and operates state-of-the-art clean energy infrastructure with this model. At the same time, clients pay a fixed energy and operational fee.

This approach is particularly appealing to businesses eager to reduce energy costs and their carbon footprints without the upfront investment and management required to own energy assets.

“Completing this equity raise alongside securing long-term debt financing marks a major strategic milestone for Caban,” Ryan Bisch, Caban’s president and chief investment officer, said in a statement. “Combined with several recently closed project finance facilities, this most recent capital raise reinforces the strength of our Energy-as-a-Service platform and showcases the deep confidence in our team’s ability to execute.”

The funding round was led by funds managed by Ember Infrastructure Management LP, Caban’s majority shareholder. Ember, a private equity firm with $1.25 billion in assets under management, focuses on investing in sustainable infrastructure solutions.

“Caban has consistently demonstrated a strong ability to innovate and execute in the rapidly evolving energy sector,” said Ember Managing Partner Elena Savostianova. “We’re excited to support their next phase of growth as they continue to expand their Energy-as-a-Service project portfolio and deliver meaningful value to telecommunications industry customers that require dependable and sustainable power solutions.”

Caban’s proprietary lithium-ion battery packs and energy storage systems are pivotal to its mission. These systems are designed to provide reliable primary and backup power to critical infrastructure, reducing dependency on fossil fuels, cutting maintenance costs, and enhancing operational reliability.

Manufactured and tested at its Plano facility, Caban’s energy management systems offer an end-to-end solution that is scalable, modular, and built to endure in diverse environments. The company’s solutions are positioned as best-in-class, making them a reliable choice for customers across various sectors.

Having gained substantial traction recently, Caban has forged strategic partnerships and secured long-term contracts with some of the world’s largest telecommunications companies. Notably, the company recently announced a new project with Digicel, further expanding its influence in the telecom sector.

With operations in the United States, Guatemala, Colombia, Jamaica, and Dubai, Caban is not just a local powerhouse—its reach spans continents, helping businesses worldwide enhance their energy resilience and sustainability goals.