SunShare Receives $30M Equity Investment from Ember Infrastructure

SunShare

SunShare, a Denver, CO-based community solar developer, secured a $30m equity commitment from Ember Infrastructure, a private equity platform investing in diversified sustainable infrastructure assets and companies.

In connection with the investment, industry veteran and Ember partner, Bob Kelly, joins SunShare’s board of directors.

The investment will accelerate SunShare’s business model of combining market innovation with full life-cycle solar development and ownership capabilities and allow it to expand into new states.

Incepted in 2011 by CEO David Amster-Olszewski, SunShare is a family-owned community solar developer with more than 13,000 customers subscribed in over 80 community solar projects across Colorado and Minnesota. Customers can subscribe to a portion of the energy produced in the company’s community solar gardens, and local electric utilities buy solar power directly from SunShare’s subscribers through credits on their electricity bills. 

FinSMEs

21/09/2021