SolarCity launches fund for U.S. commercial solar projects

April 22, 2015 11:01 AM

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April 22 (Reuters) - SolarCity Corp has started a fund that includes an investment from Credit Suisse to finance more than $1 billion in commercial solar energy systems for companies, schools and government organizations in the United States.

The fund is expected to finance more than 300 megawatts of new commercial solar projects over the next two years, SolarCity said in a statement on Wednesday.

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