Energy Focus, Inc. announces $3.5 million rights offering
Energy Focus, Inc. , a leader in providing energy efficient lighting solutions, today announced that it intends to effect a $3.5 million common stock rights offering to its shareholders in order to raise equity capital to fund the acquisition of a Lighting Energy Services Company as well as for general corporate and working capital purposes.
BrightSource Energy, a leading concentrating solar thermal technology company, has raised more than $80 million in additional equity financing.