Panasonic, Coronal Management to set up solar projects financing company
Aug 28, 2012 - Panasonic Eco Solutions North America, part of Japanese electronics maker Panasonic (TYO:6752), today said it would team up with Coronal Management to establish a solar company that will provide financing for solar projects of Panasonic.
Coronal Management will manage the new company, which will provide equity financing for distributed generation solar systems that Panasonic Eco Solutions North America will build and maintain.
The partnership will enable Panasonic to provide end-to-end development, installation and financing solution to its customers, said Jim Doyle, president of Panasonic Eco Solutions.
Panasonic Eco Solutions North America, launched in April, provides development services and funding and full engineering, procurement and construction (EPC) services with construction financing.