NewEnergyNews More: WELLS FARGO PUTS $120 MIL IN SUN

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  • Friday, April 29, 2011


    Wells Fargo Enters Funding Agreement With SunEdison
    26 April 2011 (Solar Industry)

    "Wells Fargo & Co. and SunEdison LLC, a subsidiary of MEMC Electronic Materials, have signed an agreement by which Wells Fargo subsidiaries will invest up to $120 million to fund U.S. solar photovoltaic distributed-generation power projects developed by SunEdison over the next year."

    This SunEdison built commercial rooftop solar installation is a perfect example of the distributed generation Wells Fargo will help fund. (click to enlarge)

    "…[T]he program builds on a SunEdison solar investment fund established in 2007, in which Wells Fargo invested more than $200 million in approximately 150 solar projects developed by SunEdison in eight states…"


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