SunRun says it has received an additional commitment of tax equity from a subsidiary of U.S. Bancorp that is part of the financing needed to develop $90 million in residential solar installations in 2010.
This new funding is in addition to the first round of project financing provided by U.S. Bancorp in November 2008, one year after SunRun launched the nation's first residential power purchase agreement. U.S. Bancorp is the parent of U.S. Bank.
SOURCE: SunRun
