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Publish Date : 18-Dec-2012

ecoSolargy Inc. has announced raising $150 million through private equity investors for its 2013 financing program.

The program is headed by the company’s utility project development division, aiming at financing utility-scale solar projects in different stages of development.

Alan H. Lee, CEO, ecoSolargy said, “ecoSolargy’s commitment to clean energy expands beyond the provision of high-quality solar products and the development of strategic and installation solutions.”

Lee added, “Our position in the solar industry has allowed us to effectively collaborate with private investment partners to raise funds that will help propel utility-scale projects in both the U.S. and abroad.”

Utility project development division of ecoSolargy was established nearly four years earlier to acquire, develop, and operate large scale solar projects across the globe.

The company deals in offering project consulting and investigation, environmental studies, utility and government agency negotiations, project design and engineering and logistics.

Presently, ecoSolargy seeks to finance utility-scale solar projects for 2013 which are in pre-development, development or construction stages, or which are already owned and operated.

Vice president of project develop, ecoSolargy, Jimmy James Nhieu, said, “We anticipate ecoSolargy’s utility-scale project development program to be quite successful in 2013 as we add to our portfolio and help develop solar projects throughout the United States. We welcome owners and developers of projects at all stages to contact us and inquire more information regarding our financing program.”

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