Morgan Stanley's 1GT Fund Leads $60 Million Series E Investment in Corvus Energy

"Morgan Stanley Investment Management's 1GT fund, with Gibson Dunn as lead counsel, has led a $60 million Series E equity investment in Corvus Energy, a leading provider of zero-emission battery solutions for maritime applications. The investment consortium includes Just Climate and J. Lauritzen. Corvus Energy, based in Bergen, has extensive experience with over 1,300 projects and supplies more than half of the world's zero-emission vessels. The transaction was announced on October 9, 2025, and is pending completion."

On October 20, 2025, the law firm Gibson Dunn served as lead counsel, assisting Morgan Stanley Investment Management's 1GT fund in its role as lead investor in the MUSD 60 series E equity issue in Corvus Energy. The 1GT fund led an investor consortium that included Just Climate and J. Lauritzen. The transaction, announced on October 9, 2025, involves Morgan Stanley's 1GT fund investing in Corvus Energy, a leading supplier of zero-emission battery solutions for maritime, offshore, and port applications. Corvus Energy is recognized for its extensive experience, having completed over 1,300 projects, and provides a full portfolio of energy storage and fuel cell systems. The core transaction team from Gibson Dunn included the following lawyers: - Magnus Øie, Senior Associate - Alexander Bernhard Wintervold, Managing Associate - Ole Henrik Wille, Partner, Leader of Corporate, Finance and Transactions

Morgan Stanley's 1GT Fund Leads $60 Million Series E Investment in Corvus Energy

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