Wells Fargo to invest $100mn in solar PV projects

Wells Fargo & Co. investing $100 million in solar photovoltaic PV projects SunEdison US Puerto Rico

Wells Fargo & Co. (NYSE: WFC) and its subsidiaries are investing more than $100 million of tax equity financing to fund solar photovoltaic (PV) projects in the U.S. developed by SunEdison Inc. (NYSE: SUNE). The investments will happen in 2013 and 2014.

Wells Fargo has provided more than $950 million of tax equity and construction financing for more than 200 solar projects developed by SunEdison located in 13 U.S. states and in Puerto Rico.

Read more financial news

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...