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Marathon Capital Advises Posigen on Second Close of Series D Growth Equity Financing

April 28, 2021

Marathon Capital is pleased to announce the successful second close of Posigen's Series D growth equity financing with an additional $27 million investment from a syndicate of leading private equity investors, including Activate Capital, Kayne Anderson and SJF Ventures. The second closing of the Series D brings the total round to $60 million. PosiGen is the nation’s leading provider of renewable energy and efficiency solutions for low-to-moderate income (LMI) households.
Marathon Capital acted as PosiGen’s exclusive financial advisor for the Series D equity raise and continues to advise PosiGen on raising tax equity investment to support the company’s accelerated growth plan.

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