About Borrego Solar
Borrego Solar is a company based in San Diego (United States) founded in 1980 by Chris Anderson and James Rickard. Borrego Solar has raised $61.44 million across 5 funding rounds from investors including US Bank, East West Bank and National Cooperative Bank. The company has 302 employees as of December 31, 2022. Borrego Solar operates in a competitive market with competitors including Enel X, Hillman Group, Origis Energy, REC Solar and Depcom Power, among others.
- Headquarter San Diego, United States
- Employees 302 as on 31 Dec, 2022
- Founders Chris Anderson, James Rickard
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$61.44 M (USD)
in 5 rounds
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Latest Funding Round
$17.4 M (USD), Series C
Aug 20, 2012
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Investors
US Bank
& 3 more
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Employee Count
302
as on Dec 31, 2022
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Funding Insights of Borrego Solar
Borrego Solar has successfully raised a total of $61.44M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $17.4 million completed in August 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Borrego Solar
Borrego Solar has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include US Bank, East West Bank and National Cooperative Bank.
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Co-operative bank
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Commercial bank
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Commercial banking services are offered to individuals and businesses.
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Investor details for Borrego Solar
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Investments & Acquisitions by Borrego Solar
Investment portfolio details for Borrego Solar
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Financial Statements - Borrego Solar
Detailed financials for Borrego Solar
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Borrego Solar Comparisons
Peer comparison for Borrego Solar
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Competitors of Borrego Solar
Borrego Solar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Enel X, Hillman Group, Origis Energy, REC Solar and Depcom Power, among others.
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Utility-scale renewable energy projects are developed by Enel X.
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Hardware and home improvement products are supplied to retail markets.
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Utility-scale and commercial solar projects are developed worldwide.
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Commercial solar projects are designed, installed, and financed.
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Solar projects are designed, procured, constructed, operated, and maintained.
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Residential and community solar installations are offered in Vermont.
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Detailed competitors of Borrego Solar
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Latest news on Borrego Solar
Complete news archive for Borrego Solar
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Frequently Asked Questions about Borrego Solar
Borrego Solar was founded in 1980 and raised its 1st funding round 21 years after it was founded.
Borrego Solar is headquartered in San Diego, United States. It is registered at San Diego, California, United States.
Mike Hall is the current CEO of Borrego Solar.
Borrego Solar is a funded company, having raised a total of $61.44M across 5 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Borrego Solar is 302.
Borrego Solar was founded in 1980 and operates in the solar photovoltaic sector as an EPC provider. Commercial, residential, and public sector projects are handled through turnkey installations. A portfolio exceeding 1100 solar PV initiatives has been completed across the United States. Offices are located in California, Massachusetts, and New York, with services extended nationwide from the headquarters in San Diego.
Borrego Solar's top competitors include Enel X, Origis Energy and Hillman Group.
Borrego Solar has 4 investors. Key investors include US Bank, East West Bank, National Cooperative Bank, and Walsin.