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The fund will provide financing for a portfolio of distributed generation projects in 12 U.S. states and Puerto Rico. The second fund this year brings the company's total fund-raised capital to $290 million with Barclays and Citi.
After securing new loan agreements with banks and financing partners, the German renewable energy project developer has fulfilled the necessary requirements for a partnership with MVV Energie, which will take a 50.1% stake in the...
As part of the deal, the solar developer will sell $70 million of common stock and convertible promissory notes to investors, who will also receive options to buy a further $70 million in company shares.
NY law firm says unhappy shareholders can join its class action until January 20. After floating at $18.71 per share on October 1, solar leasing company's stock is now trading below $8.
PNM wants owners of new systems to pay $18-30 per month from 2016 onwards. Electric utility says solar projects have cost it $79m but rooftop systems have reduced its costs.
Annobon Province project, at 5 MW, will be Africa's largest. Project is being developed by three US companies on an island off Equatorial Guinea.
New Jersey solar monitoring company processing data from almost 1 GW of installations. Demand for SolarNOC software has led the way.
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