ARC Financial to invest $60m in Silfab Solar.

ARC Financial, a private equity firm, agreed to invest $60m in Silfab Solar, a manufacturer of efficient cell monocrystalline photovoltaic modules. “Silfab continues to make significant investments in domestic manufacturing equipment and technology of solar panels that will lead the industry over the next five years. ARC’s strategic investment provides growth capital that enables Silfab to increase domestic production and sourcing, and opens additional doors to new generations of modules. ARC’s North American energy focus supplements the solar-specific acumen of our pre-existing shareholders and this commitment from both groups will also mean more American solar jobs," Paolo Maccario, Silfab CEO.