SolarCity has rolled out a new fund to finance an additional $158 million in commercial and residential solar projects, Solar Industry reports. The fund was formed in partnership with a subsidiary of U.S. Bancorp.
SolarCity intends to use the fund to finance its SolarLease and power purchase agreement offerings. The new fund enhances SolarCity’s total solar project financing funds to over $1 billion.
Click here for the story from Solar Industry.