Bright Power Receives $5M Investment

January 2, 2015 By Linda Hardesty

Bright Power energy manageNew York City-based energy management provider, Bright Power, has received a $5 million strategic financing commitment from WindSail Capital Group, a Boston-based investment firm. WindSail Capital’s investment will provide Bright Power with the resources to continue its expansion in the energy management business, with a particular focus on multifamily apartment buildings.

Bright Power provides multifamily buildings with a wide range of efficiency projects from energy benchmarking to gut rehabs and solar arrays. The credit facility will support the growth of the company, including evolving its proprietary software, EnergyScoreCards, into a full-service energy management platform, featuring a large multifamily database.

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