SolarCity bets on new kind of financing _ selling bond-like securities to retail investors

  • by: JONATHAN FAHEY , Associated Press
  • Updated: January 15, 2014 - 2:45 PM

NEW YORK — Solar panel installer SolarCity is turning to retail investors for cash. The company said Wednesday that it plans to sell securities directly to individuals and others interested in investing in its rooftop solar systems.

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