David Kirkpatrick, managing director of SJF Ventures, tells The Deal.com that
groSolar is reloading for a Series B round of between $7 million and $10
million. SJF Ventures led the company's Series A round of $2.5 million and has
been talking with clean energy funds and strategic investors about the next
round. GroSolar, which delivers and installs solar power systems for
residential and commercial customers, recently
acquired
Energy Outfitters Inc., a solar distributor, and is looking to acquire a
large-scale solar installer in California. GroSolar will get a chance to
entice investors when it presents at SJF Ventures'
CEO panel on
cleantech innovative strategies in New York City
Wednesday.
See SJF
Ventures CEO panel
See
Red Herring story on Energy Outfitters acquisition




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