The electric bus manufacturer that counts several energy companies and carmakers as investors, has bagged $200m in a round led by Cowen Sustainable Advisors.

Proterra, the US-headquartered electric bus producer backed by corporates General Motors, Mitsui, Edison Energy, Exelon, BMW and Daimler, raised $200m yesterday in a round led by investment bank Cowen. Cowen’s Sustainable Advisors subsidiary provided $150m while the other $50m came from Soros Fund Management, Generation Investment Management and Broadscale Group. BofA Securities was placement agent…

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