Solar Power Partners Garners $100,000,000 New Financing Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c0b315ec-bfd7-4a97-b94b-103f41f8b427&Preview=1 -
Date
9/30/2008 -
Company Name
Solar Power Partners -
Mailing Address
100 Shoreline Highway Mill Valley, CA 94941 -
Company Description
Solar Power Partners, Inc. (SPP™) is a developer, owner, and manager (DOM) of a distributed network of mid-size commercial Solar Energy Facilities (SEF) that we remotely manage from a central location. SPP™ provides an innovative turn-key performance based service (PBS™) that bundles development of SEF, financing through a Power Purchase Agreement, and on-going operations tailored to meet building owner’s specific needs. -
Website
http://www.solarpowerpartners.com -
Transaction Type
Debt, Venture Equity -
Transaction Amount
$100,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Proceeds from the various financings are for nationwide corporate expansion, project development, and equity participation in SPP’s proprietary special purpose vehicle solar energy funds. -
M&A Terms
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Venture Investor
Globespan Capital Partners -
Venture Investor
Silicon Valley Bank
