SolarCity Launches Service in Austin, Texas
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SolarCity (SCTY) Announces $305M Equity Raise
September 12, 2016 7:04 AM EDTSolarCity Corp. (Nasdaq: SCTY) announced that it raised $305 million in its second cash equity transaction. A private investment fund affiliated with Quantum Strategic Partners Ltd. and advised by Soros Fund Management LLC provided the equity investment in a portfolio of residential, commercial and industrial solar projects. The transaction also included a fully amortizing, 18-year loan that... More
