Vivint Solar expands into southern California market
Nov 29, 2012 - Vivint Solar, a unit of US home technology services group Vivint, today said it had expanded into two markets in southern California -- Fresno and Bakersfield.
Currently, Vivint Solar has operations in Hawaii, Massachusetts, New Jersey and the San Francisco Bay area.
The company designs, installs and maintains residential solar systems without upfront costs to homeowners and sells back the power from the systems to the homeowners at fixed prices under power purchase agreements (PPAs).
Vivint was recently acquired by US investment group Blackstone (NYSE:BX).