Funding and M&A Roundup: Solar Solutions Provider Palmetto Raises $150 Million

GQG Partners invests $1.8 billion in Adani Group companies

March 9, 2023

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Palmetto, a provider of solar-based software solutions, announced $150 million in funding from TPG Rise Climate, investing strategy of TPG’s global impact investing platform TPG Rise. Additional terms of the investment were not disclosed. Palmetto provides solar software solutions to connect buyers, sellers, lenders, and installers through a single platform. With this investment, the company plans to expand its software ecosystem and accelerate its growth and expansion.

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