SolarCity today announced a strategic partnership with Incapital to expand the availability of Solar Bonds for investors across the U.S. As a result of this strategic partnership, investors are able to purchase Solar Bonds through their brokerage and IRA accounts at many major financial institutions for the first time.
Sustainable, responsible and impact investing (SRI) assets have grown 76 percent in just two years and account for more than one out of every six dollars under professional management in the U.S. New offerings such as Solar Bonds make it possible for even more individuals to choose investments that serve both their financial and social goals.
While individuals may still invest directly though SolarCity's online investment platform, the joint effort with Incapital will make Solar Bonds available to investors through the investment advisors who serve as their trusted financial intermediaries. Investors will be able to purchase solar bonds for as little as $1,000, with maturities ranging from one year to fifteen years.
