Borrego Solar Systems Secures $14,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=94884b10-3f14-4fe2-9695-061b343df156&Preview=1 -
Date
2/4/2009 -
Company Name
Borrego Solar Systems -
Mailing Address
1365 N. Johnson Avenue El Cajon, CA 92020 -
Company Description
Borrego Solar is a solar electric contractor specializing in commercial, residential and public sector turnkey, grid–connected solar electric systems. -
Website
http://www.borregosolar.com -
Transaction Type
Venture Equity -
Transaction Amount
$14,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
The company will use the round of financing to expand its commercial and government design and installation operations into the Mid-Atlantic Region and to develop new low-cost integration solutions which will reduce overall system cost and ultimately speed return on investment for its customers. -
M&A Terms
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Venture Investor
Undisclosed
