GlassPoint, a company specializing in solar industrial heat, announces the closing of a $20M funding round. N.I.S. New Investment Solutions, a Liechtenstein-based asset management firm, leads this operation with participation from MIG Capital, an existing investor in the company. The company plans to allocate these funds to project development in the United States, Southern Europe, the Middle East and South America.
GlassPoint Raises $20M to Accelerate Solar Industrial Process Heat Deployment
Solar industrial heat specialist GlassPoint closes a $20M funding round led by N.I.S. New Investment Solutions. These funds will finance megaprojects in California and Saudi Arabia as well as international expansion.
