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Bear Peak Power Announces Increased Funding From Its Capital Partner, Lacuna Sustainable Investments

Jan 10, 2023almost 3 years ago
Denver

Investors

LacunaLacuna Sustainable Investments

Description

Bear Peak Power ("Bear Peak"), a solar and storage project developer, announced today that its equity investment from Lacuna Sustainable Investments ("Lacuna") has increased. Lacuna originally invested in the company in December 2021. The additional capital will allow Bear Peak to expand its team and fund development investment in more markets across the United States.

Company Information

Company

Bear Peak Power

Location

Denver, Colorado, United States

About

Bear Peak Power is a renewable energy development company focused on C&I, distributed generation and utility scale solar and energy storage solutions. The Bear Peak team has over 40 years of development and energy industry experience. We have successfully developed over 100 Megawatts in five different states and have 500+ Megawatts under development.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers