ANNOUNCEMENT 27 Jun 2016

In 2016 a New York State agency lent $25 million to Sunrun Inc.

 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 27 Jun 2016 | Removal date: open ended

State loan

On June 27, 2016 the New York Green Bank — a state-sponsored financial entity working with the private sector to increase investments into New York’s clean energy markets — announced the closing of a $25 million loan for Sunrun Inc., which will accelerate construction of more than 5,000 solar projects at homes across New York State. Sunrun designs, installs, finances, insures, monitors and maintains homeowners' solar panel installations. The loan will pay for the cost of purchasing materials and installing the solar projects.

AFFECTED SECTORS

 

AFFECTED PRODUCTS