GE and E.ON have joined Lowe's as corporate investors in rooftop solar installer Sungevity, which has now secured $160m in equity.
US-based solar rooftop installer Sungevity has raised $70m in an equity round featuring Germany-based utility E.ON and GE Ventures, the corporate venturing unit of industrial conglomerate GE.
Venture capital fund Jetstream Ventures led the round and, like E.ON, participated as a new investor. GE Ventures initially invested $15m in Sungevity in July 2013.
Sungevity has now raised approximately $160m in equity funding from investors also including home improvement retailer Lowe’s, Brightpath Capital Partners, Craton Equity Partners, Vision Ridge Partners and…
