.
MergerLinks Header Logo

New Deal


Announced

Completed

Magnetar Capital led a $100m funding round in PosiGen.

Financials

Edit Data
Transaction Value£82m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Domestic

Private

Private Equity

Minority

Renewable Energy Equipment

Friendly

Completed

Acquisition

Single Bidder

solar energy

Synopsis

Edit

Magnetar Capital, a hedge fund company led a $100m funding round in PosiGen, a provider of residential renewable energy and energy efficiency solutions, with participation from Emerson Collective, Irradiant Partners, Activate Capital, The Builders Fund, SJF Ventures, and The Kresge Foundation. "As a company, we believe that serving LMI customers who will benefit the most from our solar plus energy efficiency offerings creates a virtuous cycle of value – making a difference in the lives and communities of the families we serve, while at the same time driving customer engagement and portfolio performance. Magnetar not only recognizes this market opportunity, but also has the knowledge and experience to help us bring it to scale. We are excited to partner with them to grow the PosiGen platform at a national level to achieve our shared vision." Tom Neyhart, PosiGen CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US