Renew Financial Receives New Funding

  • Feed Type
  • Date
    5/19/2016
  • Company Name
    Renew Financial
  • Mailing Address
    1221 Broadway 4th Floor Oakland, CA 94612 USA
  • Company Description
    Renew Financial is one of the nation’s leading clean energy financing companies. Founded in 2008 by Cisco DeVries, who created the concept of the Property Assessed Clean Energy (PACE) financing model, now provides multiple financing products across the U.S.
  • Website
    http://www.renewfinancial.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    Undisclosed
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Renew Financial announced in early February of this year that it had raised $70 million to expand its clean energy and energy efficiency finance products across the U.S. Apollo Capital Management, Angeleno Group, Claremont Creek Ventures, LL Funds, Inc., NGEN Partners and Prelude Ventures all took part in the new growth capital round. Renew Financial secured additional capital from Braemar immediately following its new growth capital round.
  • M&A Terms
  • Venture Investor
    Braemar Energy Ventures

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