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Sungevity Gains $125M More
Oakland-based residential solar power firm Sungevity, which offers up a service to help residential customers specify and install their own solar power systems, said Wednesday that it has raised $125M more in funding. The funding included $40M in equity from Brightpath Capital Partners, home improvement retailer Lowe's, Vision Ridge Partners, Craton Equity Partners and Eastern Sun Capital Partners. The company also said it receive d$85M in new project financing from Energy Capital partners and an un-named, leading commercial bank. The firm said the new project funding will go towards supporting projects in the nine states it currently services. Sungevity is led by Andrew Birch.
posted on Wednesday, January 16, 2013 (Link to more information)

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