Virgo backs Nautilus management buyout

By Iris Dorbian — 4 months ago

Virgo Investment Group LP has made an undisclosed investment to support a management buyout of Nautilus Solar Energy LLC from Starwood Energy Group Global LLC. Based in Summit, New Jersey, Nautilus is a solar solutions provider for business and public sector customers in North America.

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EnergySage takes in $1.5 mln Series A

By Iris Dorbian — 9 months ago

Boston-based online solar energy marketplace EnergySage has secured $1.5 million in Series A funding. Launchpad Venture Group was the lead investor. The New York Angels and the Clean Energy Venture Group also participated in the round. In addition to the funding, Gail Greenwald of Launchpad Venture Group has been added to EnergySage’s board of directors.

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Fidelity Growth Partners backs Greenlight Planet

By Iris Dorbian — 12 months ago

Greenlight Planet, a solar energy distributor for off-grid homes in the developing world, has received $10 million in financing. Fidelity Growth Partners was the lead investor. As a result of the transaction, Kabir Narang, managing director of Fidelity Growth Partners India, has been added to Greenlight Planet’s board of directors.

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Amid Bankruptcies, Solar Also Seeing Interest: UPDATED

By Joanna Glasner — 4 years ago

Mitt Romney’s campaign jaunt last week to Solyndra’s shuttered headquarters and Konarka’s Chapter 7 filing drew attention to the solar industry’s most high-profile failures. But a look at recent funding data indicates that, if anything, venture investors in the solar sector are still pretty bullish.

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Another Solar Installer Verengo Gets $9.7M

By Mark Boslet — 5 years ago

The list of solar installation fundings gets longer with Verengo Solar Plus nabbing $9.7 million from Angeleno Group. The Orange, Calif., company is among southern California’s largest installers. Angeleno is a private equity firm investing in alternative energy and energy related companies. PRESS RELEASE Verengo Solar Plus Receives $9.7 million Expansion Investment from Angeleno Group […]

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Solar Installers Are Hot Ticket, Raising Nearly $100M in Past 7 Months

By Mark Boslet — 5 years ago

Venture capitalists aren’t anxious to back solar panel makers, but it’s a whole different story if you’re in the installation business. Since last June, VCs have invested about $99 million in at least five solar panel installation companies. RockPort Capital Partners is the latest to jump into the sector, leading a $7 million Series B […]

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MiaSole About To Announce One of Year’s Largest Solar Rounds – Source

By Mark Boslet — 5 years ago

Solar module maker MiaSole will announce within two weeks “one of the larger solar financings this year,” according to a source familiar with the financing. The prospect of another large round for a solar company breathes new life into a sector many VCs view as over-invested. The news confirms a report last month that 9-year-old MiaSole […]

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