Vivint Closes Funding for $280 Million of Rooftop SolarEhren Goossens
Vivint Inc., the home security and solar-energy provider owned by Blackstone Group LP, completed a tax-equity financing round that will fund $280 million in residential solar projects.
The three deals will finance rooftop solar systems at no upfront cost for homeowners, Provo, Utah-based Vivint said today in a statement. Terms weren’t disclosed, nor were the names of the financial companies involved.
Blackstone bought Vivint in 2012 for $2 billion.