Wells Fargo Invests $100 Million in Distributed Solar Projects

June 28, 2013April 4, 2022 by Jessica Lyons Hardcastle

Wells Fargo subsidiaries plan to invest more than $100 million of tax equity financing in 2013 and 2014 combined to fund US solar photovoltaic distributed generation power projects developed by SunEdison.

These new investments build on the relationship that first began between Wells Fargo and SunEdison in 2007. Since then, Wells Fargo has provided more than $950 million of tax equity and construction financing for more than 200 utility and distributed generation solar projects developed by SunEdison. The projects are located in 13 US states and in Puerto Rico.