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Hannon Armstrong to Provide SunPower with $44.5 Million for Solar Leases

August 2014 - Hannon Armstrong Sustainable Infrastructure Capital, a Maryland-based company that invests in sustainable infrastructure projects, is partnering with SunPower Corporation, a California-based designer and manufacturer of solar panels, to provide up to $44.5 million in non-recourse debt to help finance SunPower's residential solar lease program. The transaction allows SunPower to leverage existing lease assets and expand its program. More than 20,000 Americans are enrolled in the residential lease program.

Press Release - SunPower Closes Agreement for up to $44.5 Million in Non-Recourse Debt to Finance Residential Solar Lease Program

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