Vivint’s hugely expanded war chest adds to its momentum in the fiercely competitive solar TPO space in the US, a sector that includes rivals like SolarCity, which raised $500m from Goldman Sachs this spring.
The new money for Vivint comes from two unidentified financial institutions, and includes just $40m in tax-equity financing, with the rest of it “non-specific” funding, according to press reports.
That
