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Pristine Sun LLC and Solar Mosaic Inc. have executed several agreements to close on post-construction permanent loans for the first phase of a portfolio build-out of solar PV projects over the next nine months.

The projects, all located in California, total 6 MW. The output from the installations will be sold to Pacific Gas and Electric Co.

"Crowd-funding provides a new kind of platform to democratize the benefits of clean energy and let more people participate in renewable asset investing,” notes Jason Jackson, chief operating officer of Pristine Sun.


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