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Silfab Solar: Receives Strategic Growth Investment from ARC Energy Fund 9

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Silfab Solar Receives Strategic Growth Investment from ARC Energy Fund 9

  • Silfab Solar Inc., a Bellingham, Wash.-based leader in photo-voltaic (PV) module manufacturing, received an investment led by ARC Financial Corp
  • The amount of the deal, which includes co-investments by Ontario Power Generation Inc. Pension Plan and BDC Capital’s Cleantech Practice, was not disclosed
  • The company intends to use the funds to expand its US solar production and supply chain presence
  • SilfabSolar is a North American leader in the design, development and manufacture of ultra-high-efficiency, premium quality PV modules
  • The company leverages 40 years of solar experience and technologies to produce solar modules from facilities in the state of Washington and Toronto, Canada
  • Each facility features multiple automated ISO 9001-2015 quality certified production lines utilizing just-in-time manufacturing
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