Law360, New York (December 15, 2011, 5:03 PM ET) -- U.S. Bancorp has committed new tax-equity financing to private equity-backed KDC Solar LLC to fund a string of New Jersey rooftop projects, the parties announced Thursday.
KDC has already completed its first installation — a 3.25-megawatt system atop a warehouse in central New Jersey — and is set to break ground on a second 3.5-megawatt project this month, the company said. KDC focuses on so-called behind-the-meter solar installations, which help buildings cut their energy costs or, in some cases, become net energy producers.
“We are extremely...
Nixon Peabody Aids US Bank In Funding For Solar Co. KDC
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