Sustainable Energy Secures $7.6 Million Private Placement

Sustainable Energy Technologies Ltd., a developer of solar inverter technology, has secured a minimum $7.6 million in financing to support the launch of its next-generation SUNERGY II solar inverter platform in Europe and North America.

Venture capital investor Doughty Hanson led the funding round with an initial $4.5 million investment in Sustainable Energy, with an option to invest a further $1.5 million over the next six months. Other investors have invested a further $3.1 million, and the company expects to secure up to an additional $1.3 million by May 15.

According to Sustainable Energy Technologies, SUNERGY II is the only inverter that allows grid-connected solar PV systems to be designed using a massively parallel architecture with electrical conversion efficiencies that meet or exceed those of industry leaders.

The massively parallel approach of SUNERGY II enables each module to operate at its optimum level, significantly increasing total energy harvest from the system. In addition, the parallel architecture allows higher utilization of available rooftop space at a lower design cost, the company adds.

SOURCE: Sustainable Energy Technologies Ltd.

About Us

PPM is the leading U.S. entrepreneurial firm that specializes in writing private placement memorandums (PPM) and linking investors with entrepreneurs.

Since 1999, the founders of PPM have provided professional business writing services, such as a PPM or business plan, to more than 2,000 businesses worldwide. Our company is considered to be the most cost effective, efficient consultants for private placement memorandum development in the United States. We are Wall Street’s, and by extension, the New York private placement (PPM) leaders.

PPM.co’s main service is the creation of private placement memorandum regulation d (Reg. d) documents. However, we offer much more. In case the entrepreneur needs additional services, such as a business plan, website, or additional legal work, PPM can create one pricing package for all required documentation or service. Because we simultaneously work with many companies both in and out of the U.S., the ability to adapt to the individual needs – as well as to regional and global demands – helps our clients save needed capital and time.

We are leaders in:

• Energy Private Placement
• Solar Private Placement
• Technology Private Placement
• Debt Private Placement
• Equity Private Placement
• Technology Private Placement Memorandum Writing
• New York Private Placement Memorandum Writing
• Real estate Private Placement Memorandum Writing
• Debt Private Placement Memorandum Writing
• Equity Private Placement Memorandum Writing