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SolarCity, J.P. Morgan investment fund to provide $350 million in project financing
By Lisa Kerner
Charlotte, N.C., Jan. 7 – SolarCity Corp. and J.P. Morgan created an investment fund to finance more than $350 million in solar power projects.
It is the second fund created by the two companies, and a follow-up to a fund created to finance roughly $170 million projects in 2013, according to a SolarCity news release.
SolarCity is a San Mateo, Calif., provider of clean distributed energy.
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