Tech Company Financing Transactions
Aspen Power Partners Funding Round
Aspen Power Partners, operating out of Dallas, received $350 million from Carlyle Global Partners.
Transaction Overview
Company Name
Announced On
11/3/2022
Transaction Type
Venture Equity
Amount
$350,000,000
Round
Undisclosed
Investors
Carlyle Global Partners (Pooja Goyal)
Proceeds Purpose
The investment supports Aspen's organic and acquisition-driven growth strategy targeting the community, multifamily, and commercial & industrial ("C&I") solar and storage markets. To launch this strategy, Aspen has acquired Safari Energy, LLC ("Safari") from PPL Corporation (NYSE: PPL).
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
100 Crescent Ct. 700
Dallas, TX 75201
USA
Dallas, TX 75201
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Aspen Power Partners is a distributed generation platform focused on solar and storage assets across the U.S. We develop and finance community, multifamily, and other distributed solar and storage installations enabling consumers of all income levels to access clean renewable energy.
Management Team
Title
Name
Email & Social
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We do our best to record every notable VC transaction. All VC database entries reported here come from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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