Full-Time
Confirmed live in the last 24 hours
Leases solar panels to homeowners
$50k - $60kAnnually
Mid, Senior
Houston, TX, USA
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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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Remote Work Options
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.
Residential Solar Provider Recognized for Commitment to Social and Environmental JusticeNEW ORLEANS, Dec. 19, 2023 /PRNewswire/ -- PosiGen, the nation's leading provider of renewable energy and energy efficiency solutions for low-to-moderate income (LMI) households, is now a certified B Corporation. The recognition is given only to companies who meet the highest standards of verified social and environmental performance, public transparency, and legal accountability, and aspire to use the power of markets to solve social and environmental problems. Since its founding in 2011, PosiGen has worked to close the clean energy affordability gap in lower income communities by reducing utility bills while providing the environmental benefits of clean energy through rooftop solar and energy efficiency upgrades.Ben Healy, PosiGen CFO commented, "Our business model intrinsically focuses on social and environmental justice. Completing this transition to a Public Benefit Corporation and a certified B-Corp identifies our products and services as a force for good, which directly aligns with our mission to make solar available to all – especially underserved communities. PosiGen exists to make going solar simple and affordable, for the benefit of people and the planet.""PosiGen exists to make going solar simple and affordable, for the benefit of people and the planet." Post thisTo become a B Corporation, PosiGen met and/or surpassed rigorous standards of verified performance, accountability, and transparency on a range of social, environmental and governance criteria
Generac fue seleccionada para negociar su propuesta de proporcionar a los hogares unifamiliares de bajos ingresos energía solar fotovoltaica y almacenamiento en bateríasWAUKESHA, Wis., 7 de noviembre de 2023 /PRNewswire-HISPANIC PR WIRE/ -- Generac Power Systems, Inc., (NYSE: GNRC), un diseñador y fabricante líder mundial de soluciones de tecnología energética y otros productos de energía, anunció que la compañía ha sido seleccionada por el Departamento de Energía de los Estados Unidos (DOE, por sus siglas en inglés) como uno de varios proveedores calificados para participar en las negociaciones de adjudicación como parte de una inversión de hasta $440 millones del Fondo de Resiliencia Energética de Puerto Rico. Estos fondos apoyarán sistemas residenciales de almacenamiento solar y de baterías para hasta 40,000 hogares puertorriqueños vulnerables con instalaciones que podrían comenzar en la primavera de 2024.Este anuncio marca un hito crítico en el suministro de electricidad confiable a los residentes más vulnerables de Puerto Rico y la primera ronda de selecciones del Anuncio de Oportunidad de Financiamiento PR-ERF 2023. El proyecto desplegará sistemas solares fotovoltaicos y de almacenamiento de baterías en los tejados de los hogares de los residentes que cumplan los requisitos para ayudar a aumentar su resiliencia energética y disminuir su carga energética. Generac y sus socios del proyecto en Puerto Rico ayudarán a proporcionar energía limpia a hogares vulnerables de bajos ingresos, incluidos aquellos en áreas donde reside una persona con una discapacidad dependiente de la energía o aquellos ubicados en áreas de bajos ingresos que experimentan cortes de energía frecuentes y prolongados. Estas instalaciones pueden ayudar a mejorar la resiliencia energética de los hogares para miles de residentes. Estos fondos también apoyarán empleos de energía limpia y ayudarán a Puerto Rico a alcanzar sus metas de energía renovable."Generac ha sido un proveedor confiable de energía de respaldo de resiliencia desde 1959 y nos sentimos honrados de ser parte de este importante programa del Departamento de Energía para brindar a las comunidades más vulnerables de Puerto Rico acceso a nuestras fuentes de energía limpia", dijo Aaron Jagdfeld, presidente y director ejecutivo de Generac
NEW ORLEANS, Oct. 25, 2023 /PRNewswire/ -- PosiGen, the nation's leading provider of renewable energy and energy efficiency solutions for low-to-moderate income (LMI) households, announces Peter Shaper as the company's Chief Executive Officer. Shaper succeeds PosiGen Founder Tom Neyhart, who transitioned to Executive Chair of the Board, after building and leading the company as CEO for the past twelve years. Peter Shaper is named CEO at PosiGen. "PosiGen is doing something truly special in the world, and I am thrilled to lead the company through its next phase of growth," says new CEO Peter Shaper. "I've worked for years investing in, running, and scaling businesses, and I am looking forward to putting that experience to work at PosiGen
ImpactAssets and Partners Extend $12M Loan to High-Impact Residential Solar Provider PosiGen
NEW YORK--( BUSINESS WIRE )-- ImpactAssets, the impact investing trailblazer with a decade-plus track record of mobilizing capital for good, announced today that it is partnering with Connecticut Green Bank and Inclusive Prosperity Capital to provide a $12 million loan to PosiGen, a high-impact residential solar and energy efficiency provider focused on low- and moderate-income communities.
The new funding commitment will provide expansion into additional markets nationwide for PosiGen, with a direct focus on serving households with high energy burdens who stand to benefit the most from transitioning to clean energy.