We recently closed on an investment round that raised in excess of USD 55 million with the help of strategic partners, including Partners Group and Greystone Managed Investments. This will allow us to build on our previous success by developing new projects, entering new markets, and actively looking for strategic acquisition opportunities within the solar power industry. Investments made last year allowed us to double our operating capacity, and construct over a dozen new solar plants during 2016.
Reagan Farr, Vice Chairman and Chief Financial Officer of Silicon Ranch said, “By any measure 2016 truly was a watershed year in our company’s history. Every unit of our organization worked toward a common vision to achieve tremendous growth, and this significant investment by our shareholders allows us to accelerate this momentum in 2017.”
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