Solar provider Sungevity Inc. and Rabobank have established a residential solar fund that is expected to support over $50 million of new U.S. residential solar lease projects. The fund marks Rabobank's entrance into residential solar financing.
‘This new fund will support Sungevity's rapid growth and momentum and address our project finance needs as we enter the next high-growth phase for our company,’ says Mac Irvin, Sungevity's chief financial officer.Â
Sungevity says it has raised funds to support over $175 million in residential solar projects.
