From the Asheville Citizen-Times"Asheville solar firm gets $30M investment," by Dale Neal
FLS Energy, the homegrown solar power company ranked as one of the nation’s fastest growing firms, looks to add jobs locally while spreading nationwide with a $30 million infusion by a group of private investors.Read the full article
FLS Energy will close this week on a deal reached after nine months of negotiation with Capricorn Investment Group, New Energy Capital, Novus Energy Partners and Vision Ridge Partners.
The partners will initially invest $18 million, allowing FLS to build more solar photo voltaic farms, buy existing solar projects and acquire other businesses in the field. The second round of funding will be available next year. ...