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Open Energy Group is a renewable energy financing company focused on supporting commercial and industrial solar projects. Established in 2013, the company offers non-recourse debt financing for solar projects, with loan amounts typically ranging between $0.5 million and $10 million. Their innovative proprietary online platform simplifies the loan application process, document gathering, due diligence, and funding, making it easier for developers and asset owners to secure financing. In November 2023, Open Energy Group was acquired by BGC Group, transitioning into an operating subsidiary. Their mission is to accelerate the expansion of U.S. renewable energy infrastructure by providing streamlined financial solutions for solar power projects. Through their tailored financial services, they aim to make clean energy projects more accessible and sustainable, supporting the transition toward a greener future. Open Energy Group plays a crucial role in fostering renewable energy investment and development across the United States.
Renewable Energy
Sustainability
Energy Efficiency
Energy Storage
Solar Energy
Michael Blomquist
COO
Operating since 2013
10 Members
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