AVA Solar Completes $104 Million Equity Financing

Fort Collins, Colorado –– AVA Solar, an advanced thin-film photovoltaic (PV) module manufacturer located in Fort Collins, Colorado, announced today it has completed its second institutional equity round of financing. This $104 million funding was led by DCM and included new investors Technology Partners, GLG Partners and Bohemian Companies, LLC as well as prior investors, including Invus, LP. The funds will be used to complete AVA Solar’s first production facility in Longmont, Colorado, which will have the capacity to produce 200 megawatts of PV modules annually. Link.