Announced
Completed
Synopsis
Silver Lake Kraftwerk, part of Silver Lake Partners, the global leader in technology investing, invested $100m in SolarCity Corporation, a subsidiary of Tesla that specializes in solar energy services. "Solar overtook natural gas and coal as the largest source of new energy in the U.S. in the first half of 2015, representing 40% of new capacity. Demand for SolarCity's services has never been greater than it is today, and the global addressable market in front of us is massive," said SolarCity CEO Lyndon Rive. "Silver Lake Kraftwerk knows the company and category well and we're excited to work with them again."
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