Solar Power Partners, Inc. (SPP) is an independent solar power producer operating in the Energy, Renewable Energy, and Clean Energy industries. Established in 2006 and headquartered in the United States, SPP offers customized solar power solutions to businesses, institutions, municipalities, and utility energy users. The company develops, finances, owns, and manages solar energy facilities (SEFs) and facilitates the sale of solar-generated electricity through Power Purchase Agreements (PPAs). This innovative financing solution enables customers to embrace renewable energy without upfront costs. SPP's services extend across the continental United States, Hawaii, Puerto Rico, and Ontario, Canada. The company collaborates with solar integrators to provide tailored renewable energy installations to a diverse range of clients, including water districts, educational institutions, healthcare facilities, airports, commercial entities, municipalities, and utilities. SPP recently secured a notable $115.00M Series C investment on 27 April 2010, with the backing of U.S. Bancorp and WestLB AG. This substantial funding injection signifies a strong show of confidence in SPP's business model, positioning the company for further expansion and innovation in the dynamic renewable energy sector. Overall, Solar Power Partners' commitment to advancing solar power adoption in diverse markets, coupled with strategic partnerships and substantial investment support, positions the company as a compelling player in the renewable energy landscape, with promising potential for sustained growth and impactful industry influence.
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