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Vivint Solar secures $100M in financing

Vivint Solar Inc. secured $100 million in tax equity commitments from two repeat investors, the company announced June 5.

These tax equity commitments will enable the company to design, procure and build about 70 MW of solar energy systems for approximately 10,000 new residential customers, according to a news release.

"Our capital partners play an essential role in enabling us to grow our residential solar business," said Stewart Bewley, vice president of capital markets at Vivint Solar.