Tech Company Financing Transactions

SolarReserve Funding Round

SolarReserve closed a $140 million Series B funding round on 9/16/2008. Investors included Citibank, Good Energies and PCG Clean Energy & Technology Fund.

Transaction Overview

Company Name
Announced On
Transaction Type
Venture Equity
Series B

Citibank (Lead Investor) (Andrew de Pass)

Good Energies (John Breckenridge)

PCG Clean Energy & Technology Fund

Proceeds Purpose
Funding will support the development of large scale solar energy projects in the US and internationally, each project capable of providing electricity for up to 100,000 homes.

Company Information

Company Status
Private & Independent
Alternative Energy
Mailing Address
520 Bdwy. 6th Floor
Santa Monica, CA 90401
Email Address
SolarReserve was formed to solve two of the fundamental barriers of renewable energy: scalability and storage. Unlike hydroelectric, geothermal, biomass, and other renewable energy technologies that use limited renewable fuel sources, SolarReserve's power plants draw their heat from the sun - earth's ultimate source of clean energy.
SolarReserve LinkedIn Company Profile
Social Media
SolarReserve Company Twitter Account
Company News
SolarReserve News
SolarReserve on Facebook
SolarReserve on YouTube

Management Team

Email & Social
Chief Executive Officer
Kevin Smith
  Kevin Smith LinkedIn Profile  Kevin Smith Twitter Account  Kevin Smith News  Kevin Smith on Facebook
Chief Technical Officer
William Gould
  William Gould LinkedIn Profile  William Gould Twitter Account  William Gould News  William Gould on Facebook
Moises Bada
  Moises Bada LinkedIn Profile  Moises Bada Twitter Account  Moises Bada News  Moises Bada on Facebook
Vice President
Sumeet Bidani
  Sumeet Bidani LinkedIn Profile  Sumeet Bidani Twitter Account  Sumeet Bidani News  Sumeet Bidani on Facebook
VP - Bus. Development
Thomas Georgis
  Thomas Georgis LinkedIn Profile  Thomas Georgis Twitter Account  Thomas Georgis News  Thomas Georgis on Facebook
VP - Bus. Development
Terence Govender
  Terence Govender LinkedIn Profile  Terence Govender Twitter Account  Terence Govender News  Terence Govender on Facebook
VP - Bus. Development
Alistair Jessop
  Alistair Jessop LinkedIn Profile  Alistair Jessop Twitter Account  Alistair Jessop News  Alistair Jessop on Facebook
VP - Engineering
Timothy Connor
  Timothy Connor LinkedIn Profile  Timothy Connor Twitter Account  Timothy Connor News  Timothy Connor on Facebook
VP - General Counsel
Pauline Doohan
  Pauline Doohan LinkedIn Profile  Pauline Doohan Twitter Account  Pauline Doohan News  Pauline Doohan on Facebook



Browse more venture capital transactions:

Prev: 9/16/2008: Foundog venture capital transaction
Next: 9/16/2008: Ounce Labs venture capital transaction


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