Borrego Solar Systems Inc. announced that it has secured US $14 million in venture financing. The capital will be used to fuel a geographic expansion and to support the company's next phase of corporate growth. The company will also use the round of financing to expand its commercial and government design and installation operations into the Mid-Atlantic Region and to develop new integration solutions which will reduce overall system cost and ultimately speed return on investment for its customers.

"The additional funding combined with the significant market expertise and operational experience of John and Stan will help us accelerate our growth and capitalize on the immense business opportunity facing the company in 2009." -- Aaron Hall, CEO, Borrego Solar