Tuesday, August 04, 2009

Renewable Ventures

The project developer, now part of Fotowatio, says it has enough funds to finance about 35 megawatts of projects. Meanwhile, Borrego Solar says it has lined up $30 million to make solar more affordable.

Renewable Ventures said Monday it has raised roughly $200 million to finance commercial and government solar projects in the United States.

The San Francisco project developer has pegged a 2-megawatt project in Colorado as the first to be funded by this new Solar Fund V.

The company has changed its corporate profile ever since it told Greentech Media in January this year that it was raising Solar Fund V and had lined up most of the projects (see MMA Renewable Ventures to Raise Its Fifth Solar Fund).
Greentech Media

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