Corvus Energy has secured a US$60 million growth capital injection from a consortium of blue-chip investors to enable the company to boost production and continue innovating to support maritime decarbonisation

The funding round was led by Morgan Stanley Investment Management and included participation from Just Climate and J. Lauritzen.

Founded in 2009, Corvus Energy has delivered more than 1,300 hybrid and all-electric ESS installations worldwide, totalling 1,300 MWh of installed capacity and more than a million operating hours across various vessel types including ferries, offshore vessels, tugs, RoPaxes and cruise ships.