Renew Financial, an Oakland, CA-based company that specializes in financing for renewable energy and energy efficiency projects, received a venture capital investment from Braemar Energy Ventures.
The terms of the deal were not disclosed. The investment immediately followed the the vc raise of $70m from U.S. Apollo Capital Management, Angeleno Group, Claremont Creek Ventures, LL Funds, Inc., NGEN Partners and Prelude Ventures, announced in February 2016.
Founded in 2008 by Cisco DeVries, Renew Financial specializes in affordable financing for renewable energy, energy efficiency and water conservation projects.
The company is using the funds to develop new clean energy financing products.
FinSMEs
19/05/2016