Funding round to spur improvements in company's rooftop solar technology

05/16/2014 | Bloomberg

Rooftop solar energy systems from Sunrun in San Francisco are expected to undergo improvements after the company finalized a $150 million equity round. The company received $100 million from a "leading public institutional investor," with the remainder coming from other investors, said Andrew Pontti, a spokesman for Sunrun. Moreover, its recent acquisition of Mainstream Energy, which makes racking units, could make Sunrun a "full-service home solar supplier," this article notes.

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