SolarCity Offers $200 mln Solar Bonds in First Public Offering
SolarCity Corp, the largest installer of residential solar panels in the United States, said it would offer up to $200 million of solar bonds and launch a new online investment site for investors to buy the debt.
SolarCity, which has sold solar panel-backed securities before, said this was the first registered public offering of solar bonds in the United States.
(Reporting by Swetha Gopinath in Bangalore)