SunShare gets USD 30m investment from PE firm Ember
Sep 22, 2021 04:31 PM ET
- Denver-based solar developer SunShare LLC has actually gotten a USD-30-million (EUR 25.5 m) equity commitment from exclusive equity company Ember Infrastructure to grow its community solar system.
SunShare is a family-owned company that was established in 2011. Presently, the company has over 13,000 customers subscribed in greater than 80 neighborhood solar projects across the states of Colorado as well as Minnesota. It states it is among the few developers to own and operate its projects.
"This financial investment will sustain our energy; accelerate our capacity to provide jobs, local collaborations with farmers, landowners, and utilities; and also supply clean energy to more people to satisfy growing need," SunShare CEO and owner David Amster-Olszewski stated.
Market expert and also Ember companion, Bob Kelly, is currently joining SunShare's board of directors as a result of Ember's financial investment.
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