trending Market Intelligence /marketintelligence/en/news-insights/trending/U5UJ5D5dggUaxQmD0rKR-A2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

SolarCity to finance solar projects with $345M in tax equity


Essential Energy Insights - March 2021


what is the impact of the eu sustainable finance disclosure regulation sfdr


Episode 8: What the SolarWinds compromise means for information security


Infographic Q4 20 US Power Forecast

SolarCity to finance solar projects with $345M in tax equity

has raised $345 millionin tax equity from four separate partners to help finance new solar projects bycovering the capital cost of new equipment and installations.

The company's borrowing limithas also increased by $110 million to $760 million after new lenders came onboard its existing debt aggregation facility, according to a July 18 newsrelease.

Elsewhere, SolarCity said italso expanded its solar renewable energy credit financing facility to acceptfive years of hedged SRECs.

The company hasraised more than $1.5 billion in project financing this year.