Green Touch Builders | U.S. Bancorp puts $100 million bet on solar energy
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U.S. Bancorp puts $100 million bet on solar energy

This story is part of the Business Journal’s “Powering St. Louis: The Energy Report” focus. For more energy stories, pick up a copy of this week’s issue or go here to view it online.

The closing of U.S. Bancorp’s first renewable energy syndication earlier this month signals the bank’s readiness to bring in third-party investors to partner in its tax-equity investments.

The $100 million syndication deal with ORIX USA, a subsidiary of Tokyo-based ORIX Corp., will enable SolarCity to install…