Solar Power Partners Raises $100 Million
Solar Power Partners Inc. announced that it has closed a total of $100 million in private equity and debt financing, and that it soon expects to close on another $60 million for project financing. Backers include United Commercial Bank, Globespan Capital Partners, Energy Investors Funds, The Enlightened World Foundation, Carrelton Asset Management, Dry Creek Ventures and Silicon Valley Technology Group. The Mill Valley, Calif.-based company develops, owns and managers a distributed network of mid-size commercial solar energy facilities that is remotely managed from a central location. It had previously disclosed a $6.2 million Series A round, via a regulatory filing.
30 September 2008•2 mins read
