SunEdison secures finance for PV projects in North America

13 October 2011 (Last Updated October 13th, 2011 18:30)

SunEdison has secured project finance worth $300m to fund the construction costs of utility and rooftop solar projects in North America.

SunEdison has secured project finance worth $300m to fund the construction costs of utility and rooftop solar projects in North America.

The company has deployed more than 500 solar energy systems and installed 330MW of solar capacity throughout the US and Canada.

The company is seeking additional banking partners to finance its strong pipeline of solar projects.

The three-year credit facility has been arranged by Deutsche Bank Securities and Rabobank.