Hedge Funds Warm Up to Solar
Light Street, Coatue, and PointState took large positions in Sunrun in the fourth quarter.
Several large, high-profile hedge funds made major commitments to solar in the fourth quarter.
No, they didn’t agree to install solar panels on their offices after receiving one of those unsolicited phone calls. Rather, they wagered big bucks on Sunrun, described as a major provider of solar panels to the residential market.