13 Mar '12, 6pm

News: U.S. Bancorp and Solarcity to Fund Solar Power Installations in U.S. Military Housing Communities

MINNEAPOLIS (March 12, 2012) – U.S. Bancorp (NYSE: USB) and SolarCity , a national leader in clean energy services, today announced the creation of a renewable energy tax equity fund that will help to initiate the first phase of project SolarStrong, SolarCity’s ambitious five-year, nationwide initiative to provide existing privatized military housing with access to affordable solar power. U.S. Bancorp’s most recent investment represents an expansion of an ongoing partnership with SolarCity, which first began in 2009 to finance solar projects for U.S. homeowners and businesses. “The continued support of U.S. Bancorp means more renewable energy for those defending our nation and job creation for those vets who are transitioning back into U.S. society,” said Lyndon Rive, CEO of SolarCity. “U.S. Bancorp’s contributions help us make solar power cost less than utility power for ...

Full article: http://www.solarcity.com/pressreleases/112/U-S--Bancorp-a...

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