SolarCity Inks Deal To Fund Rooftop Installations

By | January 7, 2015

Scalper1 News

SolarCity (SCTY) announced on Wednesday a $350 million deal with investment bank JPMorgan Chase (JPM) to finance more rooftop solar projects, sending the No. 1 U.S. residential installer’s stock up. The San Mateo, Calif.-based SolarCity had previously signed a deal with JPMorgan Chase to finance about $170 million in residential solar projects in 2013. SolarCity stock was near 50, up 2% in afternoon trading on the stock market today. The stock is Scalper1 News

Scalper1 News