How Much Did Dirigo Solar Raise?
Funding & Key Investors

Dirigo Solar has secured $20K in total financing, with a recent capital infusion of $20K to fuel its substantial expansion. This latest round signifies a critical juncture for the company, likely positioning it within the significant Series B/C stage of its growth trajectory. The company's strategic objective is to provide affordable, local, and sustainable energy solutions across Maine.

What is Dirigo Solar?

Dirigo Solar
Energy, Utilities & WasteElectricity, Oil & Gas

Dirigo Solar Projects is dedicated to revolutionizing energy provision in Maine by co-locating solar power with local farms, towns, and small businesses. Their mission centers on significantly reducing energy costs for homeowners and commercial entities through the adoption of solar energy. A key partnership with international solar project developer BNRG Renewables underpins their capacity to supply power to over 15,000 homes in Maine. The company's operational focus involves generating renewable energy via ground-mounted solar panels, aiming to deliver substantial savings to Mainers.

How much funding has Dirigo Solar raised?

Dirigo Solar has raised a total of $20K across 1 funding round:

2021

Debt

$20K

Debt (2021): $20K with participation from PPP

Key Investors in Dirigo Solar

PPP

Public-Private Partnership

What's next for Dirigo Solar?

With the recent influx of expansion capital, Dirigo Solar is poised for accelerated growth and market penetration within Maine. The company's strategic focus on local partnerships and cost reduction through solar energy positions it favorably to capitalize on the increasing demand for sustainable power solutions. Future initiatives will likely involve scaling operations, expanding project development, and potentially exploring new geographic markets or technological advancements to further solidify its commitment to affordable, local energy.

See full Dirigo Solar company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Energy, Utilities & Waste industry

Electricity, Oil & GasEnergy, Utilities & Waste
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingConstruction ManagementConstruction
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingBusiness ServicesSoftware Testing
Energy, Utilities & WasteOil & Gas Exploration & Services

Frequently Asked Questions Regarding Dirigo Solar Financial Insights

What are the most recent funding rounds that Dirigo Solar has completed, and what were the funding rounds?
Dirigo Solar has recently completed 1 funding rounds: Debt on Mar 27, 2021.
What is the total amount of funding Dirigo Solar has raised to date?
Dirigo Solar has raised a total of $20K in funding to date.
How many funding rounds has Dirigo Solar completed?
Dirigo Solar has completed 1 funding rounds.
How much funding did Dirigo Solar raise in its most recent funding round?
Dirigo Solar raised $20K in its most recent funding round.
Who are the lead investors in Dirigo Solar's latest funding round?
The lead investor in Dirigo Solar's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Dirigo Solar's history?
The largest funding round in Dirigo Solar's history was $20K.
See more information about Dirigo Solar