PosiGen Receives Venture Capital Investment

PosiGen, Inc., a New Orleans, LA-based provider of fully financed solar photovoltaic and energy efficiency services to low- to- moderate income homeowners in Louisiana, New York, Connecticut and Florida, received an investment of undisclosed amount.

Backers included NewWorld Capital Group and Constellation Technology Ventures, the venture capital arm of Exelon Corporation.

The company intends to use the funds for growth and development.

Led by Thomas Neyhart, CEO, PosiGen is a U.S. residential solar company delivering low-cost options for residential solar PV and energy efficiency improvements.

FinSMEs

16/03/2016