Renew Financial Obtains $70,000,000 New Financing Round

  • Feed Type
  • Date
    2/12/2016
  • 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
    $70,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This major funding round will allow us to dramatically accelerate the nationwide rollout of PACE programs, our ReHome loans and other innovative financing products. With over $750 million in committed capital behind our finance products, we are excited to continue our leadership of the clean energy revolution.
  • M&A Terms
  • Venture Investor
    Angeleno Group
  • Venture Investor
    Apollo Investment Corporation
  • Venture Investor
    Claremont Creek Ventures
  • Venture Investor
    NGEN Partners
  • Venture Investor
    Prelude Ventures