28 Sep '16, 4pm

Thanks to @Citi, SolarCity creates funds to finance over $347 million in solar projects. Learn more:

SAN MATEO, Calif. — 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. "Citi is proud to support SolarCity on its mission to expand access to clean solar power for households and small businesses across the United States," said Marshal Salant, Global Head of Alternative Energy Finance at Citi. "These funds, which will contribute to Citi's goal to lend, invest and facilitate a total of $100 billion within the next 10 years to activities that reduce the impacts of climate change, clearly illustrate our strong commitment ...

Full article: http://www.solarcity.com/newsroom/press/solarcity-creates...

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