It may be winter, but the sun is shining on Sungevity, an international provider of residential solar installations. The Oakland-based company has secured $40 million in equity financing from lead investor BrightPath Capital and Lowe's, with participation from Vision Ridge Partners, Craton Equity Partners and Eastern Sun Capital Partners. On top of the $40 million round, Sungevity has also received $85 million in new project financing commitments. The combined $125 million influx will support the development of solar projects in Arizona, California, Colorado, Connecticut, Delaware, Maryland, Massachusetts, New Jersey and New York.
