DC based clean energy investing marketplace CleanCapital announced a $3.7m funding round through SeedInvest.
Over the past five years, the solar market grew an average rate of 72% per year, fueled by regulatory stability and reduced install costs. CleanCapital allows investors to capitalize on that explosive growth by connecting them with investment-ready solar portfolios of projects across the United States. To date, the team has financed over $50M of solar projects and more than 20 MW in operating solar assets. CleanCapital reduces barriers for institutional investors to access projects, and allows project owners to seamlessly exit their current portfolios. The typical timeline for new entrants to source, evaluate, underwrite, and close clean energy projects can take up to a year. CleanCapital is bringing efficiency to this process by significantly reducing the timeline on transactions.