Tech Company Financing Transactions
Industrial Sun Funding Round
Industrial Sun closed a $90 million investment round on 3/3/2023. Backers included EIG Partners and Modern Energy.
Transaction Overview
Company Name
Announced On
3/3/2023
Transaction Type
Venture Equity
Amount
$90,000,000
Round
Undisclosed
Investors
EIG Partners (Lead Investor)
Modern Energy (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Energy & Battery
Mailing Address
823 Congress Ave 300
Austin, TX 78701
USA
Austin, TX 78701
USA
Phone
Undisclosed
Website
Email Address
Overview
Industrial Sun features a world-class team of renewable energy industry veterans with a distinguished track record of success. Together, the Industrial Sun team has participated in the development of gigawatts of energy projects throughout the United States that are either in operation or currently under construction -- representing billions of dollars of investment. As a values-aligned partner, we believe in responsibly developed solar projects that provide positive impacts to the environment, local economy, customers and landowners.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Wade Gungoll
VP - Finance
Jeff Sullivan
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