Funding: Solarcentury Raises $27.2M
Solarcentury Holdings, a London-based supplier of solar photovoltaic systems, says it has raised 13.5 million British pounds ($27.2 million) led by Zouk Ventures and Good Energies, and including Vantania Holdings Limited, Foursome Investments, VantagePoint Venture Partners and Scottish and Southern Energy.
The funding round — the company’s fourth — will be used to help further expansion in Europe, according to a release posted on Solarcentury’s Web site. In May 2006, the company raised 5.5 million pounds ($11.1 million) from VantagePoint Venture Partners and Scottish and Southern Energy PLC, which included the conversion of a 1.4-million-pound ($2.82 million) investor loan to equity. Solarcentury was founded in 1998.
Comments (0)
Linkbacks (2)
[...] kinds of solar startups recently. Last week Solarcentury, which supplies solar photovoltaic systems raised $27.2 million, while Solexant, which is developing efficient, low-cost solar cells, said it raised $4.3 million. [...]
[...] in Solar startups. Last week Solarcentury, which supplies solar photovoltaic systems raised $27.2 million, while Solexant, which is developing efficient, low-cost solar cells, raised $4.3 million. Also [...]
Subscribe to comments feed