Transaction

• In December 2008, Solar Power Partners, Inc. completed a $47 million Series B Preferred Stock and corporate debt financing, which included new investor Energy Investors Funds and existing investors Globespan Capital Partners and Silicon Valley Technology Group.

Company

• Solar Power Partners is a renewable energy company that helps businesses, institutions, municipalities and agricultural customers utilize solar energy. SPP develops, owns and operates distributed solar energy facilities and sells solar-generated electricity through Power Purchase Agreements.

Result

• Secured cash necessary to drive development of additional solar projects and extend business development efforts.
• Added institutional investor with valuable energy infrastructure experience.