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Teichos Energy Secures $30 Million Development Capital from Pathward and BridgePeak for Solar Projects.

PRIVATEJul 30, 202610 days ago

Amount Raised

$30 Million

Round Type

Venture - Series Unknown

SeattleEnergyRenewable EnergySolar

Investors

Bridge Peak Energy Capital, LlcPathward®

Description

Teichos Energy has secured $30 million in development line financing from Pathward. This funding will support the continued development of their late-stage solar energy projects in the Northeastern United States. The transaction was facilitated by ACT Capital Advisors. CEO Stephen Voorhees expressed gratitude for the support from all involved parties.

Company Information

Company

Teichos Energy

Location

Seattle, Washington, United States

About

Teichos Energy, LLC is a Seattle-based utility-scale renewable energy developer focused on solar projects and a diversified national portfolio of clean energy assets. Founded in 2012, the company is led by CEO Steve Voorhees and supported by a team with extensive experience in renewable energy project development, construction, and operations. Many members of the team have worked together for more than 25 years starting with the successful launch of Ridgeline Energy, a developer of wind projects in Northwestern U.S.

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