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Lumen Energy has filed a notice of an exempt offering of securities to raise $11,966,907.00 in New Equity Investment.

Lumen Energy has filed a notice of an exempt offering of securities to raise $11,966,907.00 in New Equity Investment.

September 28, 2023 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Lumen Energy is raising $11,966,907.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Peter Light played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Lumen Energy
We enable commercial buildings to generate income from clean energy. At Lumen Energy, our mission is to unlock the potential of clean energy technologies for millions of buildings. In the modern era, the conversation about our planet is shifting. Amidst a sea of data and dialogue, one thing stands clear: clean energy is crucial, not just for the environment but for the economic fabric of our communities. And at the heart of this transition lies the commercial real estate sector. Commercial buildings account for about 16% of the U.S.’s greenhouse gas emissions and nearly 30% of energy consumption. It’s not just a staggering statistic; it’s a call to action for the commercial real estate industry. Over the past decade, energy costs from traditional utilities have been on a consistent upward trajectory. It’s not just an economic challenge, but a strategic one. Adopting clean energy solutions is no longer a luxury – it’s becoming a necessity to ensure sustained profitability.

To learn more about Lumen Energy, visit http://getlumen.com/

Contact:
Peter Light, Chief Executive Officer
415-446-9075
https://www.linkedin.com/in/pelight/

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.


Venture Capital
7360, California, Lumen Energy, San Francisco, Venture Capital

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