Solar Power Co. SunRun Adds Financing from U.S. Bancorp

Solar electricity company SunRun has raised an undisclosed amount of financing from U.S. Bancorp. The financing is designed to fund 1,900 installations of SunRun's residential solar power systems. The San Francisco-based start-up has previously raised about $300 million in project financing from U.S. Bancorp and PG&E. The company is also backed by $85 million in venture capital from Sequoia Capital, Accel Partners, and Foundation Capital.

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