What is iSun?
Established in 2021, iSun, Inc. (formerly iSun Energy) is a prominent player in the renewable energy market, recognized by Solar Power World as a leading commercial solar contractor in the Northeastern United States. The company specializes in providing comprehensive energy services, smart city innovations, and clean mobility infrastructure. Their project portfolio spans from smart solar mobile phone and electric vehicle charging solutions to multi-megawatt renewable energy systems. With a history in the renewable energy sector dating back to 1972, iSun has a substantial track record, having installed rooftop, ground mount, and EV carport solar systems equivalent to powering 38,000 homes. The company remains focused on pursuing profitable growth opportunities within its domain.
How much funding has iSun raised?
iSun has raised a total of $25M across 1 funding round:
Debt
$25M
Debt (2022): $25M with participation from Alliance Global Partners
Key Investors in iSun
Alliance Global Partners
Alliance Global Partners is a full-service, regional investment firm providing wealth management, institutional, and corporate services. Their expertise spans investment advisory, capital markets, and sales and trading, supported by comprehensive sector-based research.
What's next for iSun?
The recent major strategic investment signifies a pivotal moment for iSun, indicating a strong vote of confidence from its backers and positioning the company for accelerated growth and market expansion. This influx of capital is likely to fuel further development of its smart city initiatives and clean mobility infrastructure, reinforcing its commitment to sustainable energy solutions. As iSun continues to leverage its extensive experience and market position, this strategic financing is expected to enhance its capacity to undertake larger-scale projects and solidify its leadership in the commercial solar contracting space.
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