OneRoof Energy Getting $16.7 Million Financing for Rooftop Solar

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OneRoof Energy Group Inc., which provides solar-energy services in five U.S. states, is receiving as much as $16.7 million in financing.

Black Coral Capital LLC and affiliates of the Hanwha Group, OneRoof’s two biggest investors, are providing credit lines for working capital and project construction, OneRoof said today in a statementBloomberg Terminal. Part of the financing will be used to install about 175 rooftop systems.