Venture Map · Round
SolarMente — Other · €50M
Announced 2023-04-14 · Barcelona · Cleantech / Solar energy
Barcelona-based SolarMente secured a €50 million commitment from Barcelona energy-transition private equity firm GNE Finance, structured mostly as debt and equity through a special purpose vehicle rather than a classic venture stage round. The money is earmarked to install 10,000 residential solar systems in Barcelona, Madrid, Valencia and Alicante over four years under its no-upfront-cost subscription model.
RoundOther
Amount€50M
LeadGNE Finance
Date2023-04-14
CityBarcelona
SectorCleantech / Solar energy
The company
Investors 1
GGNE Finance