Sunlight Financial, a residential solar financing company, has closed a series of capital investments raising $300 million.
Marathon Capital was the exclusive financial advisor and placement agent to Sunlight Financial and Hudson Clean Energy Partners in growing the fund.
According to a statement, Sunlight Financial has access to $300 million of capital, including $80 million of growth capital from lead investor Tiger Infrastructure Partners and founding investor Hudson Clean Energy Partners.
Sunlight Financial will use the capital for expanding business platform and increasing access to lower cost financing alternatives for residential rooftop solar assets, the statement adds.
Ajith Kumar S