Clean Power Finance Closes US $6.9M Financing

Clean Power Finance Inc. (CFP) announced the first close of a US $6.9 million financing round co-led by Claremont Creek Ventures and Clean Pacific Ventures. The company will use this funding to expand the software feature set it offers and to extend its presence beyond the solar photovoltaic market. CPF’s offers a web-based monitoring platform that is currently being used by a number of leading solar installers.

“Solar and other renewable energy solutions will only be successful in the mass market when providers are enabled to present a clear, compelling value proposition to customers,” said Joseph Brakohiapa, president and CEO of CPF. “CPF Tools helps installers generate accurate quotes, professionally present energy and environmental benefits, and gain access to critical value-add services including verified leads, 3D roof analyses, third party financing solutions, automated completion of government forms — and insurance solutions. By helping installers be successful, we drive the success of the green movement as a whole.”

CPF recently announced partnerships with Suntech Power, Aon Corporation, a provider of risk management services and precigeo, which provides roof schematics and rooftop solar studies to the photovoltaic installer market.

“As the leading solution for solar installers, CPF is already the channel to thousands of renewable energy professionals,” said Nat Goldhaber, Claremont Creek Ventures managing director. “I’m proud to be an investor in a company that is not only driving important value in the green space, but is also helping to turn renewable energy into a practical solution that can succeed in the marketplace.”

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