U.S. Bank and East West Bank to finance $47 million in Borrego Solar projects

U.S. Bank and East West Bank to finance $47 million in Borrego Solar projects

Borrego Solar Systems, Inc. secured a $47 million fund from U.S. Bancorp and East West Bancorp to support more than 10 megawatts of projects in California and Massachusetts—including the largest project of its kind to date in Massachusetts, according to Borrego.

 

The company will use the fund to build 6 megawatts (MW) of PV systems in California, including 10 projects throughout three school districts. Borrego will build two projects in Massachusetts, including a 4.7 megawatt project that will be the largest of its kind in the state.

 

Read more on Borrego's site.

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