Martifer Solar Closes $7.15 Million Credit Facilities

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Martifer Solar USA Inc., a designer and installer of commercial PV systems, says it has received $7.15 million in credit facilities from California Bank & Trust.

The company says the credit facilities are expected to provide full construction period financing for over 10 MW of additional solar projects.

‘Coupled with our $100 million bonding line and the backing of our $1.5 billion parent corporation, the facilities empower us to execute solar PV projects quickly and completely,’ says Daniel Dus, chief financial officer at Martifer Solar.

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