Jan. 20, 2015: Lime Energy Raises $10 Million to Fund Growth
Company to Use Funds for Continued Development of Its Products and Services
HUNTERSVILLE, N.C. — Lime Energy Co., a leading provider of energy efficiency services to utilities and their commercial customers, announced that the company has completed a capital raise of $10 million in gross proceeds before offering expenses in order to fund growth.
“Energy efficiency program services are in high demand as the utility industry reinvents itself to meet the challenges of a new era,” said CEO Adam Procell. “Lime Energy’s groundbreaking solutions are leading the transformation of energy services for businesses and this infusion will help to ensure that we take advantage of the growth opportunities presented by the market.”