Full-Time
Confirmed live in the last 24 hours
Leases solar panels to homeowners
$50k - $60kAnnually
Mid, Senior
Houston, TX, USA
PosiGen operates in the renewable energy sector, focusing on making solar power accessible to homeowners, regardless of their income or credit score. The company provides solar panels through a leasing model, allowing customers to benefit from solar energy without the high upfront costs typically associated with purchasing a system. This leasing option includes maintenance and insurance, ensuring a hassle-free experience for users. Additionally, PosiGen offers a zero-cost home energy audit to help homeowners identify ways to improve energy efficiency, further reducing their energy expenses and environmental impact. Unlike many competitors, PosiGen targets homeowners who may not have the financial means to invest in solar systems upfront, making their services particularly appealing to those seeking convenience and simplicity. The company's goal is to help homeowners manage their energy costs while promoting environmental sustainability.
Company Size
501-1,000
Company Stage
Debt Financing
Total Funding
$214M
Headquarters
St. Rose, Louisiana
Founded
2011
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NEW ORLEANS, March 5, 2025 /PRNewswire/ -- Regional energy firms PosiGen, PBC, and Solar Alternatives joined forces with the renewable energy-focused nonprofit, Empowered by Light, to install solar and energy storage at New Orleans' only Veterans of Foreign Wars (VFW) facility at 531 Lyons Street. This initiative ensures the VFW center can continue operating during grid outages and provide critical services to veterans and community members during natural disasters and emergencies
Brookfield Asset Management has announced an additional investment of $200 million in PosiGen, a U.S. solar and energy efficiency provider.
PosiGen appoints new Chief Operating Officer: Jen Pearce.
Recently NPWS, Inc. partnered with PosiGen, a solar energy firm that provides solar energy and energy efficiency solutions to underserved communities.
PosiGen has secured a $150 million expanded commitment from a direct lending infrastructure fund managed by Brookfield Asset Management, bringing total funding to $400 million. CEO Peter Shaper highlights this as a testament to their business model. The funds will help PosiGen scale its business and offer energy savings to more customers, regardless of FICO score or income. Connecticut Green Bank also renewed its commitment to the company.