Solar Energy Company Secures Financing

September 26, 2003 [] Novato, California-based Prevalent Power, developer and integrator of clean energy generation projects for commercial and government customers, has completed its Series A round of financing from angel investors for an undisclosed sum. The company will use the financing to accelerate its sales and marketing effort and broaden the solutions that it offers to its clients. The company’s mission is to develop real-world power solutions that benefit the bottom line, delivering hard value in the form of reduced energy bills, greater power reliability and utility independence. The company has focused to date on commercial solar electric applications. The funding raised will be used to underwrite expanded sales and marketing efforts, building on the company’s successful formula that combines energy usage analysis, distributed generation systems engineering, project construction and integrated financing.


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