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PosiGen Completes Successful Second Close of Series D Growth Equity Financing News provided by Share this article Share this article NEW ORLEANS, April 28, 2021 /PRNewswire/ PosiGen, the nation s leading provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households, is pleased to announce the second close of its Series D growth equity financing with an additional $27 million investment from a syndicate of leading private equity investors, including Activate Capital, Kayne Anderson and SJF Ventures. The second closing of the Series D brings the total round to $60 million. PosiGen s mission is to close the clean energy affordability gap for LMI homeowners by delivering lower cost utility bills and the environmental benefits of clean energy through rooftop solar and energy efficiency upgrades. PosiGen has served over 17,000 customers to date, including approximately 50% in communities of color, and is now positioned to rapidly scale. The funds

New yorkUnited statesNew orleansNew jerseySan franciscoDavid kirkpatrickTom neyhartAmy barriosDave kirkpatrickKayne andersonAnup jacobPrnewswire posigenJon levinsonEnergy efficiencyPosigen solar energyHead of renewables at kayne