Google-backed residential solar marketplace Clean Power Finance is set to merge with solar finance provider Kilowatt Financial to form a new clean energy financier.
Clean Power Finance, a US-based online solar energy marketplace backed by internet company Google, agreed on Wednesday to merge with US-based solar financing provider Kilowatt Financial to form a new entity.
The new company, Elevate Power, will provide financing for solar system and energy efficiency installations in the form of power purchase agreements, leases and loans. It will begin life with more than $1.6bn in project and loan financing under management.
Founded in 2006, Clean Power Finance operates an online…
