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Levine Leichtman invests in Concentric Energy Advisors

Los Angeles private equity firm Levine Leichtman Capital Partners completed a growth investment in Concentric Energy Advisors, in partnership with management. Concentric, founded in 2002 in Marlborough, Massachusetts, advises North American utilities on rate cases, cost of capital and regulatory strategy. Terms were not disclosed.

Why it matters: Utilities are investing at record levels in the grid and rely on independent advisers for help with rate cases.

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