The money will come from Goldman Sachs’ Urban Investment Group, a unit that has committed $2.7bn over the past decade to projects intended to revitalise “underserved” neighbourhoods.
The terms of the financing commitment, and how the money will be deployed, were not revealed.
Founded three years ago, PosiGen has grown rapidly and claims to employ 165 people – making it the largest solar company in its home state of Louisiana.
