SolarCity Bonds Help Diversify Financing Sources

By | October 15, 2014

Scalper1 News

No. 1 U.S. residential solar installer SolarCity (SCTY) has begun selling “solar bonds” online to investors. The San Mateo, Calif.-based company will initially issue up to $200 million in bonds and has launched the online investment site solarbonds.solarcity.com. “We’ve created different products to meet different investors’ profiles,” SolarCity CEO Lyndon Rive told IBD. “A one-year maturity, two years, three years and a seven year, carrying Scalper1 News

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