Thursday, 18 December 2014
Last updated 10 hours ago
Feb 9 2009 | 9:30am ET
California’s Borrego Solar Systems Inc. has secured $14 million in venture financing.
The capital will be used to fuel geographic expansion and support the next phase of corporate growth. The money will also fund expansion of Borrego’s commercial and government design and installation operations in the Mid-Atlantic region and develop new integrated solutions to reduce overall system cost and speed return on investment.
Borrego Solar ended 2008 with $60 million in revenue and more than $90 million in contracts. The company has installed solar systems on schools, affordable housing communities, grocery and retail businesses as well as town and municipal facilities in California and New England.
In related news, John Robert Wallace and Stan Chang are joining Borrego Solar’s board of directors. Wallace has extensive experience in executive positions in solar, electric drive train and battery technologies at companies including Xantrex and Ford Motor Company.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.