ClearEdge Power Raises $36M in Equity Financing

ClearEdge Power, a Hillsboro, OR-based manufacturer of scalable, distributed power systems, raised $36m in equity financing.

Backers were not disclosed.

The company intends to use the capital to support manufacturing operations and expand sales activities.

Led by David B. Wright, President and CEO, ClearEdge Power provides clean, distributed power systems that scale from 5 kW to multiple megawatts. The company has over 30 MW installed in applications as diverse as hotels, hospitals, schools, data centers, industrial campuses and utilities.
In February, ClearEdge Power acquired UTC Power, a developer of fuel cells.



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