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Renewable Properties Raises $30 Million to Accelerate Growth

Sep 15, 2020•almost 5 years ago

Amount Raised

$30 Million

San Francisco

Description

Renewable Properties, a developer and investor of small-scale utility and community solar energy projects throughout the U.S., announces it has successfully raised $30 million from funds managed by CarVal Investors, a global alternative investment fund manager. Funds will be used to further develop Renewable Properties’ existing utility-scale solar project pipeline, expand development efforts into new and existing markets, and secure new project opportunities and acquisitions.

Company Information

Company

Renewable Properties

Location

San Francisco, California, United States

About

Founded in 2017, Renewable Properties specializes in developing and investing in small-scale utility and community solar energy projects throughout the U.S. Led by experienced renewable energy professionals with development and investment experience, Renewable Properties works closely with communities, developers, landowners, utilities and financial institutions looking to invest in large solar energy systems. For more information about Renewable Properties, visit www.renewprop.com.

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