Namasté Solar raises $3.1M; gets set to open clean-energy credit union

BOULDER — Namasté Solar, an employee-owned solar-energy firm, announced Tuesday that it has raised $3.1 million from more than 90 investors in a private offering of nonvoting preferred stock.

Namasté Solar, with offices in Boulder and Denver, will use the money for working capital, the national expansion of its commercial and utility-scale solar-energy division, and new initiatives that include establishing a clean-energy credit union this summer.

Namasté Solar designs, installs and maintains solar-electric systems throughout the United States for commercial, nonprofit, government and residential customers. It also has offices in New York and California.

Blake…