Tuesday, October 10, 2017

CleanFund Raises $15M In Series B

San Francisco-based CleanFund Commercial Capital, a provider of Property Assessed Clean Energy (PACE) funding for the commercial market, says it has raised $15M in a Series B equity funding. The funding was led by entities affiliated with Vulcan Capital. The deal also included a commitment from Vulcan Capital to provide $100M in capital to support CleanFund's commercial, PACE financing efforts. CleanFund helps commercial customers fund clean energy efforts--such as solar panels or energy retrofitting--which are paid out of property tax bills. Greg Saunders is CEO of CleanFund. More information »