Wednesday, October 22, 2014
OneRoof Energy Boosts Financing
San Diego-based OneRoof Energy Group said this morning that it has closed on a series of financing agreements, which will provide approximately $16.7M to the company. The company said the new funding comes from Black Coral Capital and Hanwha Group, who are existing investors in the company. $6.5M of the funding is a working capital line of credit. OneRoof Energy provides lease financing, PPAs, and solar system design, installation, and maintenance. The company had announced the deal for the new funding earlier this month.