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GE and Citi join Californian solar gold rush

2013-01-04 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Business Green: California's solar industry has received its second major boost of the year, after EDF Renewable Energy announced it had sold a majority stake in its 143MW Catalina Solar project to a group of high-profile investors, including GE and Citi. The move -- which comes in the same week as Warren Buffett's investment vehicle MidAmerica Solar announced it will shell out at least $2bn to acquire two solar farms from SunPower Corp -- completes financing arrangements for the project and should ensure construction...

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