in News Departments > FYI
print the content item

comments: 0

OneRoof Energy Inc., a San Diego-based solar finance provider, has secured an agreement for the acquisition of up to $100 million in residential solar projects with MS Solar Holdings Inc., an indirect, wholly owned subsidiary of Morgan Stanley, and Main Street Power Company Inc., a North American solar developer and owner/operator, through the expansion of its existing MySolar residential lease financing platform.

Debt financing for the newest MySolar fund (MySolar II LLC) will be provided by the National Bank of Arizona. According to the company, the MySolar finance platform will enable OneRoof Energy to offer solar lease financing to greater numbers of American homeowners in Arizona, California, Colorado and Hawaii through its network of qualified solar dealers and installers.

With the new investment, OneRoof Energy has raised and secured commitments for more than $200 million in corporate capital, project financing and tax equity funding since it closed its first tax equity fund in September 2011.




SolarEnergyTradeShow_id1384

Solar Careers
Latest Top Stories

Solar Sector Fears WTO Ruling Against Tariffs Won't Save The U.S. From Itself

Although the WTO says U.S. anti-dumping tariffs levied on Chinese PV manufacturers are improper, few expect the ruling to prevent a rise in module prices.


Xcel Energy Offers Solar*Rewards 'Bridge' For Colorado Solar Installations

As an incentive for the continued development of customer-sited solar, Public Service Co. of Colorado has agreed to advance capacity for its popular Solar*Rewards program.


Flexible Sources Key To Integrating Solar PV Into Utility Operations

A report from three U.S. Department of Energy labs proposes a framework for integrating various amounts of PV into the grid.


PV Industry Leaders See A 'Second Gold Rush' Coming In The Solar Sector

A panel of solar sector executives from across the PV supply chain at Intersolar North America says the widespread adoption of distributed generation energy sources is inevitable.


Residential Solar Energy Storage Examined As A Promising Grid Resource

California's 200 MW carve-out for customer-side grid energy storage is bringing a variety of stakeholders together to tackle unique technology and policy issues.

S&C Electric_id1352
Lufft_id
PVcobra_id1394
WIP_id1320
SnakeTray_id1373