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June 1, 2011 06:40 pm GMT

SolarCity Can Now Finance $1 Billion In Solar Projects

On Wednesday, SolarCity added $158 million to the pool of funds that it uses to finance, design, develop and install commercial or residential solar power projects in the U.S. The latest fund came through a partnership with U.S. Bancorp (a subsidiary of U.S. Bank) and gives SolarCity more than $1 billion in financing capacity...

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