Saturday, August 23, 2025

Lieef Secures Investment in NGU Sports Lighting with Up to $60 Million for Expansion

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Lieef, a private investment firm focused on emerging infrastructure ventures, has announced a significant investment of up to $60 million in NGU sports Lighting, a leading provider of LED lighting solutions for sports and recreation venues. Lieef’s Managing Partner, Brad Kavin, praised NGU’s CEO, Mike Lorenz, for his pioneering role in the transition to LED lighting in major venues, highlighting their shared vision for innovation. Lorenz expressed enthusiasm about the partnership, aiming for NGU to become the nation’s top solid-state sports lighting provider, leveraging Lieef’s support to expand its reach across various sectors.

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