One of America’s leading solar energy distributors, Vivint Solar, announced on Monday that it had secured $200 million in tax equity investments from three investors for investment in solar projects worth a total of $480 million.
Vivint Solar has had a better-than-expected year this year, closing numerous financing agreements, expanding its services into Texas, and yielding comfortable second quarter financial results — all this, despite facing the unceremonious cancellation of its acquisition agreement with now-bankrupt SunEdison.
