March 09, 2007

March 9, 2007
Akeena Solar Raises $4.0 Million
Los Gatos, California [] Akeena Solar, Inc. raised approximately $4.1 million of gross proceeds in a private investment in public equity (PIPE) offering. The company intends to use the net proceeds from this financing for general corporate purposes including growth initiatives, capital expenditures, research and development, and working capital.