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Two US Solar Financing Startups Combine

Two solar financing startups backed by Kleiner Perkins Caufield & Byers - Kilowatt Financial and Clean Power Finance - said on Wednesday they will combine to create a larger company that will offer loans, leases and other products to help U.S. consumers go solar. Terms of the deal, which will enable the companies to compete more effectively against larger rivals including SolarCity Corp and SunRun Inc, were not disclosed.