SolarCity Deal With Bank Of America Sends Stock Up

By | December 11, 2014

Scalper1 News

SolarCity (SCTY), the No. 1 residential solar installer, and Bank of America on Thursday announced a partnership to finance $400 million in solar power projects next year. SolarCity was up nearly 4% in midday trading in the stock market today, near 52. Bank of America Merrill Lynch (BAC) stock was up more than 1%, near 18. The new financing will let thousands of U.S. homeowners who are customers of the San Mateo, Calif.-based company install solar Scalper1 News

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