Thursday, October 5, 2023

REC Solar Gets Investment From ArcLight Capital

San Luis Obispo-based solar integrator REC Solar has received an investment from middle market investment firm ArcLight Capital Partners. Size of the investment was not announced. According to the company, the investment will enable scaling up of on-site solar and storage, as well as its community solar efforts. REC Solar did not say how much capital and what the ownership arrangements were with ArcLight Capital. REC Solar is led by CEo Lawrence Denney.