SunEdison Raises $161M

SunEdison, North America’s largest solar energy services provider, announced that it has closed $131 million of private equity and $30 million of debt financing with new and existing investors over the last six months.

Investors include Greylock Partners; HSH Nordbank AG; Applied Ventures, LLC; Black River Commodity Clean Energy Investment Fund, a fund managed by Black River Asset Management; MissionPoint Capital Partners; and Allco Renewable Energy Limited.

These financings are designated to support the operational resources of SunEdison.

SunEdison is developing what will be the largest photovoltaic installation in the U.S. in Davidson County, North Carolina. The company also recently acquired Portland, Oregon-based solar company Renewable NRG.

About SunEdison

Sun Edison LLC is North America’s largest solar energy services provider and operates across a global marketplace. SunEdison provides solar-generated energy at or below current retail utility rates to a broad and diverse client base of commercial, municipal and utility customers.

Website: http://www.sunedison.com     
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