Hannon Armstrong to Finance SunPower Home Rooftop Solar Projects
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Hannon Armstrong Sustainable Infrastructure Capital Inc. agreed to provide as much as $44.5 million in debt financing to SunPower Corp. for residential solar projects.
SunPower, the second-largest U.S. solar manufacturer, will use the funding to expand a program that lets homeowners lease rooftop panels to their lower electricity bills, the company said today in a statement. Terms weren’t disclosed.