Revolution Lighting (RVLT +11.5%) soars after announcing P-E firm Aston Capital is creating a...

|About: Revolution Lighting Technol... (RVLT)|By:, SA News Editor

Revolution Lighting (RVLT +11.5%) soars after announcing P-E firm Aston Capital is creating a fund to finance LED lighting purchases/installations for RVLT customers. The fund, known as LightCap I, has set an initial funding target of $50M, a provided ~$4M in LED project financing in Q2. The announcement comes a couple weeks after RVLT shares fell thanks to a critical report from TheStreetSweeper.