Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CEST(SeeNews) - Sep 27, 2011 - OneRoof Energy of the US has raised USD 50 million (EUR 37m) in funding to start its solar leasing programme, whose official launch was announced on Monday.
The company, based in San Diego, installs and maintains residential rooftop solar power systems and cooperates with builders so that those can be put in place when a roof is being built or renewed.
Hanwha International, a unit of Hanwha Group, the South Korean conglomerate, has led a series A financing round and in return is receiving a substantial but not controlling stake in the business. OneRoof Energy said it will use the equity investment to move ahead with "its rapid growth plan to develop the residential solar leasing market".
The company also said that it has raised its first fund to provide financing for residential solar projects under an alliance with clean-tech investment firm Black Coral Capital and a subsidiary of US Bancorp (NYSE:USB).
Weekly renewables M&A round-up (May 23-27)
May 27, 2022 17:26 CESTDuke Energy equips Hawaii university with solar and storage
May 27, 2022 17:17 CESTUS stays atop EY renewables attractiveness index, Spain heads PPA chart
May 27, 2022 16:32 CESTSavannah Energy to develop up to 500 MW of renewables in Chad
May 27, 2022 16:08 CESTCelsia building 260 MW of solar farms in Colombia
May 27, 2022 15:51 CESTAgrana, RWA equip Austrian fruit juice concentrate plant with solar modules
May 27, 2022 15:36 CEST