Wednesday, February 8, 2023 10:16 am

SolarCity shows strength for raising funding

investment portfolioBy Eric Wesoff  | Greentech Media

SolarCity, the nation’s largest rooftop solar financier and installer, is offering another $201.5 million in asset-backed securities. This is its third serving of asset securities notes and it looks a lot like the previous portfolio, notes Shayle Kann, VP of Research at GTM, except in size (much bigger) and newness of the contracts (much newer). Otherwise, it has a similar FICO requirement and a similar mix of project geography, price and sector mix.

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