RONKONKOMA, N.Y., July 29, 2024 (GLOBE NEWSWIRE) -- Pineapple Energy Inc. (NASDAQ:PEGY) ("Pineapple" or the "Company"), a leading provider of sustainable solar energy and backup power to households and small businesses, has successfully completed its first round of capital fundraising. The collaborative effort by Conduit Capital and MBB Energy, which can provide Pineapple over $1 million, was approved both by the Pineapple Board of Directors and Pineapple's existing senior lenders. The first tranche of the new loan was funded on Tuesday, July 23rd, 2024, and a second tranche into Pineapple can also be made available in accordance with the loan documents. "I want to thank our department financiers for masterfully ...