PG&E pumps $60M into SolarCity (San Francisco)
PG&E Corp. will provide $60 million financing to SolarCity Corp. in Foster City for about 1,000 home and business solar power projects.
The investment, paid for by San Francisco-based PG&E (NYSE: PCG) shareholders, was made through the utility’s subsidiary, Pacific Venture Capital LLC.
Read the full report in the San Francisco Business Times.
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