The fund, which includes a significant investment from long-time SolarCity backer Credit Suisse, was finalised in February and began investing in projects in late March, SolarCity said Wednesday.
The C&I solar market – which includes customers like schools, factories and government buildings – has been stagnant in the US in recent years, shrinking by 6% in 2014, according to GTM, even as the residential market has exploded.
