SolarCity Expands Pool Of Solar Financing Investors
Continuing efforts to expand residential solar energy growth, SolarCity (SCTY) announced a new investment financing plan that opens up a new pool of investors. SolarCity announced a partnership with Bank of America (BAC) for a $200 million tax equity investment program that will enable community banks and smaller investors to finance the company’s residential solar systems. The program, which BofA is set to manage, will be used to help homeowners