GE gives BlackRock financing fund 80% stake in its solar business

GE Solar and BlackRock have announced a new business venture, Distributed Solar Development, in which 80% will be owned by a fund managed by BlackRock Real Assets and 20% owned by GE Renewable Energy. The new business will allow GE to focus on solar and storage solutions for the commercial industrial and public sectors. Distributed…

The post GE gives BlackRock financing fund 80% stake in its solar business appeared first on Solar Power World.

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