MMA Renewable Ventures Raised ‘Nearly $200M’ Last Year — and Spent It
MMA Renewable Ventures closed nearly $200 million in its third fund, the solar financer and developer said Tuesday.
The company, which finances and develops solar installations, raised the money last year and already spent the cash to create 20.6 megawatts of new solar-power projects throughout the United States. Those projects included a 2-megawatt system at the Denver International Airport, as well as installations for Macy’s Inc., Gap Inc., Florida Power & Light Co. and Lowe’s.
