Lightyears Solar raised $6M to build three new community-scale solar farms led by Prime Energy and Hoku Group.
PRIVATEMar 26, 2024
Amount Raised
$6 Million
Round Type
Funding Round
AucklandEnergyRenewable EnergySolarBiomass Energy
Investors
New Zealand Green Investment FinanceHoku GroupPrime Energy
Description
Lightyears Solar has successfully raised $6 million to fund the construction of three new community-scale solar farms. The round was led by electricity retailer Prime Energy and Hoku Group, with participation from existing and new investors. The raised capital will be used to finance the ongoing construction of the solar farms and to expand their solar farm assets.
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Company Information
Company
Lightyears Solar
Location
Auckland, Auckland, New Zealand
About
Lightyears Solar is a New Zealand-based solar farm development and management company dedicated to powering the nation’s carbon-zero future. Specializing in high-quality, community-scale solar PV farms, the company builds where energy is needed most and designs its projects to integrate seamlessly with existing agriculture, supporting both sustainability and local communities.
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