US based Haven Energy has announced a $40 million raise through an equity round led by Giant Ventures and a debt facility from Turtle Hill. Additional equity participation came from California Infrastructure Bank, Carnrite Ventures, Chaac Ventures, Comcast Ventures, and Lerer Hippeau. Haven Energy has used new funding to expand its work with utilities and CCAs. The company has focused on deploying distributed solar and battery systems that support grid capacity. It reported installing more than 10 MW and developing over 50 MW for 2026. The pipeline was valued at more than $75 million across multiple programs. Partners included EPRI, CPA, SJCE, CEA, and PCE. The funding also expanded Haven Energy’s leasing model for home systems. It strengthened the Channel Partner Program used by local installers. Haven Energy managed financing, operations, and performance for these installations. Installers were responsible for completing system deployment in their communities. The company stated that the model improved coordination across distributed assets.
Haven Energy secures $40 million to expand US distributed solar work
Giant Ventures, Turtle Hill and other investors backed Haven Energy’s $40 million raise, which expanded utility partnerships, leasing models and its distributed solar capacity.
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