"In 2013, we grew our customer base by nearly 300% with our past fundraising efforts," said Greg Butterfield, CEO of Vivint Solar. "This new $280 million tax equity funding enables us to continue our expansion plans to deliver affordable solar solutions to homeowners."
Already this year Vivint Solar has expanded its presence in California, New Jersey, Maryland and Massachusetts. New sales and operations offices have opened in Chico, California, Palm Springs, Sacramento, Mount Laurel, New Jersey, Frederick, Maryland, North Baltimore, and Marlborough. More offices will open this year.
Vivint Solar is the second largest US residential solar installer, according to the US PV Leaderboard published by GTM Research.
Vivint Solar designs, installs, monitors, and services every solar photovoltaic system with no upfront out-of-pocket costs to the homeowner.
