U.S. Bancorp Forms Fund for Vivint Solar Rooftop Lease Projects
U.S. Bancorp created a fund to support as much as $75 million in residential rooftop solar installations by Vivint Solar.
U.S. Bancorp created in June a similar fund with SolarCity Corp. and worked with East West Bancorp to form one for Borrego Solar Systems Inc. Vivint, a closely held developer, installs on consumers’ homes solar-power systems that it owns and receives monthly payments from the homeowners.
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