SolarCity (SCTY) CEO Rive Comments on Defeat of Amendment 1 in Florida

November 9, 2016 6:45 AM EST

Get inside Wall Street with StreetInsider Premium. Claim your 2-week free trial here.

Tonight's election results indicate that Florida voters have rejected Amendment 1, an anti-solar ballot initiative. The following is a statement by SolarCity (Nasdaq: SCTY) Chief Executive Officer Lyndon Rive regarding the voting down of Amendment 1 in Florida:

Congratulations to the people of Florida for rejecting Amendment 1 and protecting the state's solar future. For too long Florida has been the sleeping giant of the solar industry. Today, the public took historic action to choose a future powered by solar energy, as Floridians from all walks of life wisely saw through the utilities' $26 million deceptive campaign. By voting No on Amendment 1, Floridians have affirmed individuals' right to generate their own solar power, which is cleaner and will create local jobs that cannot be outsourced.

I want to express deep gratitude to the following that played a critical role in protecting Florida's solar industry:

The grassroots coalition led by Floridians for Solar Choice

Southern Alliance for Clean Energy

Florida Conservation Voters

Conservatives for Energy Freedom and the Green Tea Coalition

FLASEIA

League of Women Voters

Vote Solar

Sierra Club

Christian Coalition of America

SEIA

Climate Reality

Rethink Energy Florida

Space Coast Progressive Alliance

Organize Now

Solutions Project

Progress Florida

And to the tens of thousands of individuals who poured their hearts into defeating this anti-solar amendment.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Corporate News, Litigation, Management Comments

Related Entities

Twitter

Add Your Comment