Renew Financial Raises $70 Million in Growth Capital

On February 11, 2016, Renew Financial, one of the nation's leading clean energy finance companies, announced that it has raised $70 million in growth capital. Major participants in the funding round included Angeleno Group, Apollo Capital Management, Claremont Creek Ventures, LL Funds, NGEN Partners, and Prelude Ventures. Wilson Sonsini Goodrich & Rosati represented Renew Financial in the transaction.

According to Renew Financial's press release, the funding will allow the company to dramatically accelerate its nationwide rollout of Property Assessed Clean Energy (PACE) programs, ReHome loans, and other innovative financing products.

The WSGR team that represented Renew Financial in the transaction included Bob O'Connor, Wendy Knobel, Shea Loewen, and Karen Becker.

For more information, please see Renew Financial's press release.