Silfab Solar Raises $100 Million
The funding will be used to advance Silfab’s cell production and PV module manufacturing
November 25, 2024
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Silfab Solar, a solar module manufacturer, has closed $100 million in new financing to scale its state-of-the-art solar cell manufacturing plant. The funding comprises a $50 million equity investment led by funds advised by ARC Financial. The funding also includes investment from undisclosed existing co-investors and a $50 million senior secured financing led by Breakwall Capital, an energy-focused asset manager, and SR Alternative Credit.
