SunEdison, a Beltsville, Maryland-based solar energy services company, announced in May that it closed $161 million in financing with new and existing investors over the last six months. This financing consisted of $131 million of private equity and $30 million of debt financing. SunEdison indicated that these funds would be used to support the operational resources of the company.
Investors included Greylock Partners, HSH Nordbank AG, Applied Ventures, LLC, Black River Commodity Clean Energy Investment Fund (a fund managed by Black River Asset Management), MissionPoint Capital Partners, and ALLCO Renewable Energy Limited.
For more information:
- SunEdison – Home page
- SunEdison Closes $161 Million in Financing (May 23, 2008)