SolarCity (SCTY) Partners with Citi to Create Funds to Finance Over $347M in Solar Projects
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SolarCity Creates Funds to Finance Over $347 Million in Solar Projects for Homeowners and Small Businesses
September 28, 2016 9:01 AM EDTSAN MATEO, Calif., Sept. 28, 2016 /PRNewswire/ --Â SolarCity Corp. (Nasdaq: SCTY) today announced that it has partnered with Citi to create two separate funds to finance more than $347 million in solar projects. The first fund is expected to finance more than $284 million in residential solar projects across the U.S. The second fund is expected to finance approximately $63 million in projects for small and medium-sized businesses (SMB) throughout California.Â
"Citi is proud to support SolarCity on its... More