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