SunRun Receives Additional Funding From U.S. Bancorp

14 December of 2009 by

SunRun saysit has received an additional commitment of tax equity from asubsidiary of U.S. Bancorp that is part of the financing needed todevelop $90 million in residential solar installations in 2010.

Thisnew funding is in addition to the first round of project financingprovided by U.S. Bancorp in November 2008, one year after SunRunlaunched the nation’s first residential power purchase agreement. U.S.Bancorp is the parent of U.S. Bank.

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