Sungevity, U.S. Bank Create Fund For Residential Solar Leases

Sungevity, an online residential solar provider, has signed a new partnership with U.S. Bancorp, the parent of U.S. Bank, to finance solar systems for California homes.

The companies have created a new tax-equity fund to finance solar leases for Sungevity's customers. Sungevity says it has started providing solar leases this month and has already sold 0.25 MW under the offer.

SOURCE: Sungevity

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