$SCTY,...SolarCity sets up $50M fund with Honda
SolarCity (SCTY +3.5%) and Honda have set up a $50M fund to finance U.S. solar installations for Honda/Acura buyers.
Installation services made possible by the funds will be offered via Honda/Acura dealerships. SolarCity and Honda have already handled started or finished 12.5MW of installations together, through an existing partnership.
Earlier: SolarCity introduces homeowner loans eligible for tax credit
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