Craton Equity Partners invests $15MM in Petra Solar

8 February 2010 - Craton Equity Partners said it made a $15 million investment commitment to Petra Solar, a clean energy technology company that provides solar and smart grid solutions for utilities.

Craton's investment is part of a $40 million equity round that also includes Element Partners, BlueRun Ventures, OnPoint Technologies, and NTEC -- all previous investors -- and Espirito Santo Ventures. This is Craton's first investment in Petra Solar.

Craton Equity Partners's investments include green building products, earth heat exchange projects, smart grid technologies and next-generation biofuels.

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