Xconomy Seattle

Tuusso Energy Raises $2M Led by Pivotal

Gregory T. Huang8/25/09

Seattle-based Tuusso Energy, a developer of solar power plants, announced today it has completed a $2 million financing round led by Pivotal Investments, based in Portland, OR. The investment was made in partnership with Akula Energy Ventures, which will be co-investing in Tuusso’s utility-scale projects. The company’s first project is a solar plant, slated for completion in 2011, that will supply 20 megawatts to California utilities.

Gregory T. Huang is Xconomy's National IT Editor and the Editor of Xconomy Boston. You can e-mail him at gthuang@xconomy.com, call him at 617-252-7323, or follow him on Twitter at @gthuang.

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