New York-based Sunlight Financial LLC, a provider of financing for the residential solar market, has secured $300 million in capital, including $80 million of growth capital from lead investor Tiger Infrastructure Partners.
Sunlight Financial says it will use this round of capital for growing its business platform and increasing access to lower-cost financing alternatives for residential rooftop solar assets.
Marathon Capital served as exclusive financial advisor and placement agent to Sunlight Financial and its lead investor, Hudson Clean Energy Partners.
‘We are pleased to welcome Tiger as our partner,’ says Neil Z. Auerbach, CEO of Hudson Clean Energy Partners. ‘Tiger proved to be thoughtful and collaborative and brings the skills and expertise to add value to Sunlight.’