Arcadia Power (TechBUZZ Spring ’15) Raises $25M Series B

“Digital utility” startup Arcadia Power announced a $25 million fundraising round on Thursday and a 120-megawatt community solar pipeline through 2020.

The expanded pipeline builds substantially on Arcadia’s suite of clean energy options available to customers who subscribe and pay utility bills through its online platform. In 2016, Arcadia had 250 kilowatts built, 2 megawatts of solar pipeline and hundreds of subscribers. Now, its 120-megawatt pipeline is backed by more than 175,000 members in all 50 states.

 

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2018-09-05T13:59:29+00:00August 20th, 2018|