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Published on 1/7/2015 in the Prospect News Green Finance Daily.

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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