Cloover secures additional $100M installation-finance facility
Cloover secured an additional $100 million financing facility in September for energy equipment and residential installations.
The debt facility follows its earlier 2026 equity and debt package and supplies capacity for continued installation financing.
At the announcement, Cloover reported profitability, a revenue run rate above $350 million and about 20,000 installations a year across five European markets.
Use of funds
Finance energy equipment and residential installations across Cloover’s markets