Petra Solar, Inc., raised $40 million in funding for expansion. Two new investors, Craton Equity Partners and Espirito Santo Ventures, led the latest round with 100% participation from existing investors, Element Partners, Blue Run Ventures, OnPoint Technologies (U.S. Army’s Venture Fund) and Kuwait’s National Technology Enterprises Company (NTEC).
GDP Comment: It should be no surprise that many IPAs are now interested in renewable energies and therefore would be interested to attract companies such like Petra Solar. Contact GDP Global for information on our investment lead tracking and generation services.
