Following is an excerpt from this piece. To read the complete original article, please click here: SolarOne Announces Financing by FreshTracks Capital
April 22, 2008. Framingham MA: SolarOne® Solutions, Inc. is pleased to announce that FreshTracks Capital of Shelburne, VT and TSG Equity Partners of Stow, MA completed a second round investment in the company. FreshTracks led the transaction, with follow-on participation by existing investor TSG Equity Partners. In addition, SolarOne welcomes FreshTracks’ Managing Director, Tim Davis, to its Board of Directors.
SolarOne’s product offering includes solar-powered commercial-scale lighting using the latest in photovoltaic and LED technologies with its patent-pending SO-Bright™ technology. This advanced solution provides unprecedented efficacy, reliability and control for its own solar lighting systems as well as for major lighting manufacturers, such as Hadco® Lighting.