Vivint Arranges $200 Million in Financing for Residential Solar

Vivint Inc., the home security and solar-energy provider acquired last year by Blackstone Group LP, arranged $200 million in tax-equity funding to build residential power systems.

The funding will let the company target its 775,000 existing home-automation clients and new ones, Provo, Utah-based Vivint said in a statement today.

Vivint designs, installs and maintains solar systems in California, Hawaii, Maryland, Massachusetts, New Jersey, New York and Washington, D.C.

To contact the reporter on this story: Justin Doom in New York at

To contact the editor responsible for this story: Reed Landberg at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.