SunFunder chosen as Bloomberg 2017 New Energy Pioneer

SunFunder chosen as Bloomberg 2017 New Energy Pioneer

We are delighted to announce that SunFunder has been selected as one of Bloomberg New Energy Finance’s 10 New Energy Pioneers for 2017.

Receiving the award at BNEF’s Future of Energy Summit in New York today, SunFunder CEO Ryan Levinson commented:

“We are grateful for the recognition of what we have been doing to provide scalable financing for the beyond-grid solar sector. This comes at an inflection point for us and the industry, as we are offering high-value lending solutions to our customers and larger fixed income opportunities for institutional investors.”

SunFunder starts local currency lending for beyond grid solar

SunFunder starts local currency lending for beyond grid solar

Over the last five years, SunFunder has completed $25 million of loans to more than 30 solar companies in the beyond the grid sector. Until now all of that debt finance has been issued in US dollars.

Today that is changing. We are delighted to announce that we now have the capability to offer local currency loans, thanks to a new partnership with hedging facility MFX Solutions.

SunFunder reaches first close of the $50m Beyond The Grid Solar Fund

We are delighted to announce the first close of our new $50 million Beyond The Grid Solar Fund, which marks a new and exciting chapter for SunFunder.

We’re grateful to our first close partners, which includes a step change in our relationship with institutional investors. The first close amounted to $21 million and is backed by the Overseas Private Investment Corporation (OPIC), MCE Social Capital and The Rockefeller Foundation. We’re thrilled to be working with them all.