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SolarCity, BofA create tax equity fund for smaller investors


29 May 2015 by


 

 

The move is aimed at bringing new capital into the fast-growing rooftop solar industry and ultimately reducing the cost of that capital, SolarCity's chief executive, Lyndon Rive, said.

"That will bring many more investors and then more competition, and then that will reduce the cost," Rive said in an interview.

 

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