Tech Company Financing Transactions
Sterling Planet Funding Round
Sterling Planet, based in Norcross, secured $7 million from Low Carbon Accelerator.
Transaction Overview
Company Name
Announced On
2/28/2007
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Undisclosed
Investors
Low Carbon Accelerator (Stephen Mahon)
Proceeds Purpose
The investment from LCA will enable Sterling Planet to expand its existing retail business, both in the
United States and abroad, as well as establish itself as a renewable energy project developer. Sterling
Planet intends to arrange, finance and manage asset-based renewable energy projects as well as
energy conservation projects such as co-generation and systems upgrades.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
3500 Parkway Ln. 500
Norcross, GA 30092
USA
Norcross, GA 30092
USA
Phone
Website
Email Address
Overview
The company currently is developing next-generation solar and bioenergy projects to produce 'green power' and verified carbon offsets and is a U.S. Environmental Protection Agency Climate Leaders partner, committed to net zero greenhouse gas emissions from its business operations.
Management Team
Browse more venture capital transactions:
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