Renovate America Finds $50M For Clean Energy Financing

San Diego-based Renovate America, which provides financing for residential, clean energy projects, said it has raised $50M in equity from both new and existing investors. Renovate America said the round was led by Valor Equity Partners, and also included Macquarie, RockPort Capital and Spring Creek. Renovate America works to provide financing to homeowners for such projects as solar power installation, energy efficient HVAC installations, new windows, and roofing, all in conjunction with local municipalities. Renovate America said its HERO financing program has so far financed over $250M in projects. More information »