tenKsolar Receives PE Investment

tenKsolar, a Minneapolis, Minnesota-based producer of commercial rooftop solar solutions, received an initial investment from funds managed by Oaktree Capital Management, L.P.‘s GFI Energy Group.

The amount of the transaction was not disclosed.

Founded in 2008 by President and CTO Dallas Meyer and led by CEO Joel Cannon, tenKsolar designs, manufactures and markets photovoltaic solutions based on its proprietary RAIS module technology.

The investment will support the company’s growth by expanding production capacity and sales and marketing efforts to increase its customer base and accelerate market penetration.



Join the discussion