Energy Efficiency Firm Raises $2M

by | Feb 4, 2014

Lime Energy, a provider of energy efficiency for small businesses via utilities, announced that Greener Capital Partners Fund II is purchasing shares of Lime’s preferred and common stock for a total purchase price of $2 million. Lime says this investment brings to $6 million the re-capitalization of its business over the last month.

Lime Energy is providing its performance-based, direct install energy efficiency model to some of the largest utilities, including Duke Energy, AEP, National Grid, Northeast utilities and PSE&G.

Greener Capital has informed Lime that it anticipates closing on the transaction during the week of February 7, 2014.

Stay Informed

Get E+E Leader Articles delivered via Newsletter right to your inbox!

Share This