Morgan Stanley Leads $60M Fund For Corvus Energy

Bergen- grounded Corvus Energy has secured$ 60 million in a Series E backing round led by Morgan Stanley Investment Management’s 1GT climate equity strategy, alongside investors Just Climate and J. Lauritzen. The backing aims to accelerate the global expansion of Corvus Energy’s low- carbon maritime battery systems, situating the company at the van of the shipping assiduity’s decarbonization sweats.

The investment comes at a pivotal time for the maritime sector, which accounts for nearly 3 of global hothouse gas emigrations and faces adding pressure from the International Maritime Organization( IMO) to check its carbon footmark. The shipping assiduity has been under scrutiny for its slow transition toward low- carbon operations, primarily due to specialized challenges and long asset cycles. still, with advancements in energy storehouse and mongrel propulsion systems, battery- driven results are arising as a practical pathway to achieving net- zero pretensions, especially for shorter routes and supplementary power operations.

Corvus Energy, innovated in 2009 and headquartered in Norway since 2019, has established itself as a global leader in developing advanced Energy Storage Systems( ESS) for electric and cold-blooded - powered vessels. Its systems are presently installed in over 1,300 vessels across Europe, North America, and Asia, inclusively delivering further than 1,300 MWh of power. The company’s technology combines high- capacity lithium- ion batteries with intelligent energy operation systems, allowing vessels to optimize power operation, reduce energy consumption, and transition to mongrel or completely electric operations. These inventions enable vessel drivers to meet both nonsupervisory conditions and marketable demands for cleaner operations without compromising effectiveness or safety.

The new investment marks a strategic expansion for Morgan Stanley’s 1GT climate equity arm, which focuses on companies able of delivering measurable, gigaton- scale emigrations reductions. By investing in Corvus Energy, 1GT extends its portfolio into maritime clean technology an area that has historically entered limited attention in climate finance. Vikram Raju, Head of Climate Private Equity and 1GT at Morgan Stanley Investment Management, said that Corvus Energy’s track record of maritime safety, invention, and competitiveness makes it a request leader well- suited to drive meaningful decarbonization in one of the hardest- to- abate transport sectors. He added that maritime decarbonization is a crucial focus for 1GT and expressed confidence that this investment would help Corvus accelerate its growth encyclopedically.

The participation of Just Climate and J. Lauritzen adds further strategic value to the institute. Just Climate, innovated by Generation Investment Management, channels institutional capital toward scalable climate results. J. Lauritzen, a Danish shipping company with deep maritime experience, brings functional moxie that can help Corvus Energy enhance the real- world performance and deployment of its battery systems across global lines. Together, these investors give not only the capital but also the assiduity sapience necessary to support Corvus Energy’s expansion and invention.

Corvus Energy’s CEO, Fredrik Witte, described the backing as a vital step toward meeting the growing demand for zero- emigration maritime results worldwide. He emphasized that the institute’s support would strengthen the company’s capability to gauge product, expand into new requests, and enhance hookups with shipbuilders and harborage drivers. With adding relinquishment of mongrel and electric propulsion systems, particularly in ferry and coastal force vessels, the company’s results are getting central to sweats aimed at reducing maritime emigrations.

Norway’s leadership in low- emigration shipping provides an profitable background for Corvus Energy’s growth. The country has come a mecca for testing and planting sustainable maritime technologies, supported by government impulses and a strong network of early adopters. As the company scales its operations, it stands to profit from Norway’s established ecosystem for clean energy invention.

Beyond Corvus Energy, the sale highlights a broader shift in climate finance. Investors are decreasingly directing capital toward artificial and structure systems able of achieving measurable carbon reductions at scale. This marks a move from pledges to practical perpetration, as fiscal institutions concentrate on technologies that restate climate commitments into palpable issues. Maritime battery systems, in particular, are gaining attention for their implicit to transfigure short- ocean shipping routes and supplementary vessel operations into zero- emigration zones.

The investment also reflects a growing appetite among institutional investors for climate- linked private equity openings that blend technological invention with environmental impact. Shipping, long regarded as one of the most grueling sectors to decarbonize, is now getting an seductive target for similar capital due to tensing global regulations and the rising demand for sustainable logistics results.

For Morgan Stanley’s 1GT fund, the Corvus Energy deal underscores its commitment to driving climate impact through strategic investments in hard- to- abate sectors. The cooperation demonstrates how mainstream finance is decreasingly aligning with artificial decarbonization pretensions, integrating fiscal strength with technological advancement to accelerate the energy transition.

As dispatching companies worldwide face pressure to misbehave with further strict emigrations norms, the investment in Corvus Energy signals a clear direction for the future of clean maritime transport. By expanding the reach of its battery systems and energy operation technologies, Corvus is set to play a central part in reconsidering how vessels are powered — steering in a new period of sustainable shipping powered by invention, collaboration, and climate- concentrated capital.