OneRoof Energy Announces Residential Solar Financing Fund to Support Installation in MA, NY
August 28,2014
OneRoof Energy, Inc., a residential solar services provider, announced that it has reached an agreement with an unrelated third-party securing equity for a $58 million residential solar financing fund that will support an estimated portfolio of more than 2,000 residential solar power purchase agreements to be originated over the next 12 months initially in California, Hawaii, Massachusetts and New York.
"One of the many benefits of this new residential solar fund is attracting additional sales channel partners by providing new sources of capital and increasing their sales capacity," said Dale A. Vander Woude, Executive Vice President – Capital Markets for OneRoof Energy.