8minute Solar Energy
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8minute Solar Energy - overview
Established
2009
Location
Los Angeles, CA, US
Primary Industry
Renewable Energy
About
8minute Solar Energy specializes in the development and financing of solar power projects, focusing on advancing renewable energy solutions to meet the growing demand for clean energy. Founded in 2009 and headquartered in Los Angeles, US, 8minute Solar Energy is dedicated to developing large-scale solar energy projects. The company has executed two deals, with its most recent deal dated December 21, 2020, where it raised USD 125 mn in VENTURE DEBT financing from Deutsche Bank, Helaba, and NORD/LB. Tom Buttgenbach serves as both the CEO and founder of the company.
8minute Solar Energy offers innovative solar energy solutions, focusing on the development of large-scale solar power projects. Their services include project development, financing, and operational management, catering to both public and private sector clients seeking to transition to renewable energy sources. 8minute leverages its expertise to address the energy needs of various markets and aims to enhance sustainability in energy consumption. The revenue model of 8minute Solar Energy consists of project financing and long-term energy sales agreements with clients.
The company engages in partnerships that facilitate the development and operation of solar projects, generating steady revenue streams associated with energy sales and project management. After raising USD 125 mn in VENTURE DEBT financing in December 2020, 8minute Solar Energy plans to utilize this funding to expand its project portfolio and accelerate the development of additional solar energy projects. The company is focusing on entering new markets, specifically targeting regions in North America and Europe by 2023, to enhance its presence and meet increasing energy demands.
Current Investors
Rabobank, HSBC Bank, Nomura Asset Management
Primary Industry
Renewable Energy
Sub Industries
Solar Power
Website
www.8minute.com
Verticals
Clean Technology
Total Amount Raised
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