Vivint Solar Closes $100 Million of New Tax Equity Commitments
June 24,2019
Vivint Solar, Inc. announced it has received commitments for an additional $100 million of tax equity financing, which will enable it to install more than 55 megawatts of residential solar energy systems.
The syndicated tax equity commitment comes from RBC Capital Markets ("RBC") and co-investors arranged by RBC's Tax Credit Equity Group. The investment commitment is expected to allow Vivint Solar to design and build low-cost, clean energy systems for over 8,000 new residential customers.