AMONIX SECURES $129 MILLION
IN PRIVATE EQUITY FINANCING
Amonix, Inc., a leading designer and manufacturer of concentrated photovoltaic (CPV)
solar power systems, announced that it has recently raised a $129 million Series B financing round led by Kleiner, Perkins, Caufield & Byers. Amonix will use the proceeds to accelerate deployments of its systems and expand their manufacturing capacity. In 2010, they also received $9.5 million in stimulus funding as part of the federal Recovery Act’s Advanced Energy Manufacturing Tax Credit, which will lead to 269 new clean energy manufacturing jobs in Nevada and 167 new jobs in Arizona.
Amonix designs and manufactures concentrated photovoltaic (CPV) solar power systems that require less water, use land better, and produce more energy per acre than any other solar technology available today. With a long track record of real-world deployments, they have proven themselves to be one of the best choices for utility grade solar power systems in sunny and dry climates. Amonix is headquartered in Seal Beach, California. For more information, visit http://www.amonix.com.
