SOLAR LEASE FUND LEADERS BROKE OUT IN 2013

Solar Residential/Commercial Lease Funding Garnered $2.34 Billion in 2013

February 10, 2014 (Mercom Capital Group)

“The Top 5 companies in 2013 raising commercial/residential lease funds were...[Vivint Solar,] SolarCity, Sunrun, SunPower, and SunEdison [according to the Mercom Capital 2013 market report on solar]…[The year saw] another strong showing for solar lease, with a record year in…residential/commercial lease funds raised…[There were] 22 announced funds totaling $3.34 billion, a 69 percent increase over 2012. Almost $1 billion was raised in Q4 2013 alone…Most of the third party-financing market is based in the United States where high upfront costs were a major hurdle for potential residential and commercial customers…[Over] the last five years, SolarCity has led fundraising with close to $2 billion. SolarCity also had a successful IPO in 2012 and just announced an industry-first solar securitization deal. Sunrun, with $1.5 billion, is second on the list and a strong IPO candidate in the future. Vivint Solar, SunPower and Clean Power Finance have been the other top fundraisers…” click here for more

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