Renewable Properties Raises $30 Million to Accelerate Growth

September 15, 2020

SAN FRANCISCO--(BUSINESS WIRE)--Renewable Properties, a developer and investor of small-scale utility and community solar energy projects throughout the U.S., announces it has successfully raised $30 million from funds managed by CarVal Investors, a global alternative investment fund manager. Funds will be used to further develop Renewable Properties’ existing utility-scale solar project pipeline, expand development efforts into new and existing markets, and secure new project opportunities and acquisitions.