Solar Power Partners Garners $100,000,000 New Financing Round

  • Feed Type
  • 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
  • Venture Investor
    Globespan Capital Partners
  • Venture Investor
    Silicon Valley Bank

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