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Thursday, December 11, 2014

Stock Alerts - SolarCity (NASDAQ:SCTY), BofA partner on solar financing program - 12/11/14


SolarCity, BofA partner on solar financing program
  • SolarCity (NASDAQ:SCTY) has partnered with BofA Merrill Lynch (NYSE:BAC) to form a new investment program for financing an estimated $400M in solar power projects in 2014 and 2015.
  • The new residential program follows BofA Merrill's prior commitment to finance more than $200M in commercial solar power projects with SolarCity, and is part of BofA's current 10-year, $50B environmental business goal to advance lower-carbon economic solutions.
  • SCTY +0.5%, BAC +0.6% premarket
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