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

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.