Fundz

Summit Ridge Energy Closes $275M Financing Facilities With Mufg

RECENTLY ACQUIREDNov 20, 2023

Amount Raised

$275 Million

Round Type

Funding Round

ArlingtonEnergyRenewable Energy

Description

Summit Ridge Energy, the nation's largest commercial solar company, has announced a $275 million expansion of its existing partnership with MUFG, a leading global financial group. The capital will be used for both construction and term debt financing, enabling Summit Ridge Energy to further expand its operations and execute on a growing community solar pipeline in Virginia and Illinois.

Quick answer

Summit Ridge Energy raised $275 Million in a Funding Round round, dated November 20, 2023. Summit Ridge Energy is based in Arlington, Virginia, United States.

How much did Summit Ridge Energy raise?
Summit Ridge Energy raised $275 Million in a Funding Round round on November 20, 2023.
What does Summit Ridge Energy do?
Through its strategic partnerships and project financing expertise, the company develops, acquires, owns and operates energy projects within the rapidly growing commercial solar and battery storage sectors.
Where is Summit Ridge Energy based and how big is it?
Summit Ridge Energy is based in Arlington, Virginia, United States. Fundz records about 150 employees.
Who are the decision-makers at Summit Ridge Energy?
Fundz holds 3 contacts at Summit Ridge Energy. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Renewable Energy around the same time

Companies in the same sectors as Summit Ridge Energy that raised within 45 days of this round, from Fundz verified event records.

  • Global Atomic raised $2.8M (Seed) on December 22, 2023.
  • Sage Geosystems raised $45M on December 21, 2023.
  • Antrum raised $2.7M (Seed) on December 11, 2023.
  • International Battery Metals raised $420K (Seed) on December 8, 2023.
  • MDWerks raised $660K on December 7, 2023.
  • Swift Solar raised $25M on December 6, 2023.

Who to call at Summit Ridge Energy, and when

A new round usually means Summit Ridge Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Summit Ridge Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Summit Ridge Energy, from your own LinkedIn network

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Company Information

Company

Summit Ridge Energy

Location

Arlington, Virginia, United States

About

Through its strategic partnerships and project financing expertise, the company develops, acquires, owns and operates energy projects within the rapidly growing commercial solar and battery storage sectors.

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Fundz sees it the moment Summit Ridge Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

3 contacts
Predictive Intelligence
Strategic

ML-powered predictions for Summit Ridge Energy's next move

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Summit Ridge Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.