TPG Rise Climate Invests $150M in Palmetto
March 6, 2023
Palmetto, a technology-enabled residential solar and clean energy platform, raised $150 million from TPG Rise Climate to accelerate expansion of its software, product and operating platform. The investment will support growth of Palmetto's end-to-end residential solar capabilities and TPG Rise Climate's Steven Mandel will join Palmetto's board.
- Buyers
- TPG Rise Climate
- Targets
- Palmetto
- Industry
- Renewable Energy
- Location
- South Carolina, United States
- Transaction Type
- Growth capital
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