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Leaf Solar raises $75m for expansion in US

Florida-based Leaf Solar Power has raised $75m in financing from Tamra-Tacoma Capital Partners to syndicate the funding of residential and commercial solar installations in the US

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Leaf Solar Power Raises $75M in Financing to Install Solar Power Systems for Businesses and Homeowners

VIA: BUSINESS WIRE

NEW YORK–(BUSINESS WIRE)–Leaf Solar Power, a leading provider of solar energy services, today announced that it had raised a total of $75 million dollars in financing from Tamra-Tacoma Capital Partners to syndicate the funding of residential and commercial solar installations in the U.S.

Leaf Solar Power, through its financing partnership with LightStream, a division of SunTrust, gives residential, commercial and industrial property owners the ability to lock in a fixed monthly payment for a solar energy system with no down payment or upfront costs for the installation and permitting of the system.

Tamra-Tacoma Capital Partners’ capital infusion will also allow for Leaf Solar Power’s brick and mortar retail infrastructure expansion to advance energy efficiency measures, providing economic development to local communities.