The US residential solar leasing market has seen another major commitment with investment banks Citi and Credit Suisse providing SunPower with $325m in financing.
.SunPower will use the funds to supplement its lease programme to US residential customers, which is now available across nine states.
?Citi is proud to support SunPower?s efforts to make renewable energy more accessible to American homeowners,? said Jason Cavaliere, director at Citi.
?Financing the expansion of the SunPower Lease offer builds on Citi?s commitment to environmental sustainability and our continued support for the green economy and green jobs in the US.?
Both Citi and Credit Suisse have both been active in the space previously with Credit Suisse recently committing $200m to SunRun, which provides free photovoltaic installations to households.
Copyright ? 2012 NewNet
Tags: solar, solar leasing, sunpower
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