SolarCity announced that it has filed with the SEC to go public. The move follows a series of successful partnerships with Bank of America, Google, and U.S. Bancorp. AEE previously reported on its SolarStrong program to provide solar PV for military homes. GigaOM reports on the filing:
A SolarCity IPO has been an open secret for the past few months and a report in Bloomberg in February said that an IPO could value SolarCity at more than $1.5 billion. Back in February SolarCity also raised $85 million from investors like Silver Lake Kraftwerk to expand its rapidly growing solar rooftop empire. Overall, SolarCity has raised just over $200 million in venture capital, company spokesman Jonathan Bass told us back in February.