Marathon Capital is pleased to announce the successful first close of Posigen’s Series D growth equity financing with a $33 million investment from a group of leading impact-focused private equity investors. PosiGen is the nation’s leading provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households.
Marathon Capital served as PosiGen’s exclusive financial advisor, performing the banking and advisory work to support this first close. Marathon Capital will continue to advise PosiGen on securing additional capital to be raised in a second close of the Series D to support the company’s accelerated growth plan.
|POSIGEN PRESS RELEASE|