Announced

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SCG Cleanergy led a $103m investment in CubicPV.

Synopsis

SCG Cleanergy, a wholly owned subsidiary of SCG, led a $103m investment in CubicPV, a solar manufacturing innovator, with participation from Hunt Energy and Breakthrough Energy. “With its deep experience in silicon wafer production and ownership of highly innovative proprietary technologies, Cubic is ideally positioned to play a key role in the world’s embrace of solar powered electricity generation. We continued to be impressed with the strength of the team, their progress against plan and their commitment to manufacturing and innovation excellence,” Tim McCaffery, SCG Global Investment Director.

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