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Open Energy Group logo — Empowering your solar potential with rapid, cost-efficient f...

Open Energy Group

Empowering your solar potential with rapid, cost-efficient financing solutions.

Founded 2013 United States Rochester, United States 3 employees Debt Financing Total: $750.00K Energy, Renewable Energy

General Information

Company Name Open Energy Group
Founded Year 2013
Location United States Rochester, United States
Employees 3
Industries Energy, Renewable Energy
Funding Stage Debt Financing
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About Open Energy Group

Open Energy Group is a New York-based startup founded in 2013. The company specializes in offering non-recourse debt financing for solar projects, with an investment range of $0.5m to $10m. Their streamlined approach involves standardizing documentation, reducing transaction costs, and simplifying the financing process, resulting in efficient loan application processing and quick access to solar power opportunities. Open Energy's strategy is particularly impressive, as it can reduce total transaction fees by around 70 percent compared to traditional lenders. Notably, Open Energy received a $750.00K debt financing investment on 08 January 2015. Specializing in the Energy and Renewable Energy industries, the company's slogan, "Empowering your solar potential with rapid, cost-efficient financing solutions," reflects its commitment to providing innovative and accessible financial solutions in the renewable energy sector.

Business keywords: Solar Financing, Non-recourse Debt Financing, Project Finance, Clean Energy, Alternative Energy, Renewable Energy Risk Analysis, Credit Analysis, Energy Efficiency, Solar Lending, Solar Projects, Renewable Energy Financing, New York, Financial Solutions, Transaction Costs

Funding Rounds & Investors (1)

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Funding Stage Amount Investors Lead Investors Date
Debt Financing $750.00K -
08 Jan 2015

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FAQ About Open Energy Group

Empowering your solar potential with rapid, cost-efficient financing solutions.
Open Energy Group was founded in 2013.
Open Energy Group is headquartered in Rochester, United States.
Open Energy Group operates in Energy and Renewable Energy. Its work centres on Solar Financing, Non-recourse Debt Financing, Project Finance and Clean Energy.
Open Energy Group has approximately 3 employees.
Open Energy Group has completed 1 funding round, raising a total of $750.00K. The latest funding stage is Debt Financing.
Top alternatives and competitors to Open Energy Group include cKers Finance, Mirova SunFunder, greenenergy, Solcius, Liberated Energy Inc. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Open Energy Group and cKers Finance are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Open Energy Group, https://bouncewatch.com/company/open-energy-group, updated 28 October 2024. When citing, please name BounceWatch and link this page.

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