SolarCity Raises $500M

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SolarCity (Nasdaq: SCTY), a provider of distributed energy, just announced a $500 million lease financing agreement with Goldman Sachs (NYSE: GS). That translates to more than 100 megawatts of solar power. The combined lease is the largest of its kind for U.S. residential rooftops. SolarCity allows consumers to get electricity from grid-tied solar rooftops at [...] The post SolarCity Raises $500M appeared first on Solar Feeds.

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