Trepp returned to back the energy asset management company, after leading its $3.7m series A round in 2014.
US-based energy finance services provider Mercatus has secured $11.7m in a series B round with backing from Trepp, a consultancy for the commercial property and banking markets.
Investment platform Traverse Venture Partners and TPG Alternative & Renewable Technologies (TPG Art), a fund managed by US private equity house TPG, co-led the round. Existing investors Vision Ridge Partners and Augment Ventures also took part.
Mercatus supplies global energy producers and project developers with cloud-based software that helps them better manage their…
