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Morgan Stanley backs "MySolar," a fund for installing residential solar

Forbes // May 04, 2012

Morgan Stanley has released news that they will be backing a $300 million fund for residential solar installations in Arizona and California. In addition to Morgan Stanley's MS Solar Solutions Corp, the deal involves Clean Power Finance, Zions Bancorporation, and the solar installer Main Street. Forbes reports:

“The MySolar lease gives Clean Power Finance’s qualified network of solar professionals another affordable option to help homeowners immediately save money on their electricity bills,” Nat Kreamer, Clean Power Finance’s chief executive, said in a statement.