Tag Archives: Credit Suisse

A Win: Credit Suisse on SolarCity Buffalo deal

A big bank rave review of the Buffalo deal.

Claudia Assis wrote for MarketWatch 26 September 2014, SolarCity’s N.Y. factory deal ‘better than expected’,

SAN FRANCISCO (MarketWatch) — SolarCity Corp.’s solar-panel factory in upstate New York could allow the solar installer to reduce its costs and save about $400 million a year, analysts at Credit Suisse estimate.

SolarCity SCTY, -0.66% and New York struck a deal earlier this week, with the state announcing a $750 million package to build the solar-panel factory near Buffalo.

That deal “was significantly better than expected,” the Credit Suisse analysts said Continue reading