8minute Solar Energy

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

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

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.