Real Goods Solar Inc. has raised $20 million from the sale of 5.9 million units of stock and warrants for stock that were sold a price of $3.40 per unit.
“These funds substantially strengthen our balance sheet allowing us to accelerate growth in key residential and commercial markets,” said Real Goods Solar CEO Kam Mofid.
The Louisville-based solar installer (Nasdaq: RSOL) also plans to spend the money on boosting its sales and development capabilities, he said.
The warrants are good for 5-1/2…
Real Goods Solar Inc. has raised $20 million from the sale of 5.9 million units of stock and warrants for stock that were sold a price of $3.40 per unit.
“These funds substantially strengthen our balance sheet allowing us to accelerate growth in key residential and commercial markets,” said Real Goods Solar CEO Kam Mofid.
The Louisville-based solar installer (Nasdaq: RSOL) also plans to spend the money on boosting its sales and development capabilities, he said.
The warrants are good for 5-1/2…