Wednesday, 25 November 2015
Last updated 8 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…