Vivint Solar , the US residential solar system provider , has secured $ 303 m in new financing from four different investors to repay existing borrowing and install a large tranche of new solar systems . The financing is split into a $ 203 m , fixed - rate , 18-year loan to be repaid using the contractual cash flows from four existing investment vehicles , and “This is a milestone transaction for Vivint Solar that demonstrates its access to an additional class of term debt lenders,” commented CCO and head of capital markets for Vivint Solar, Thomas Plagemann. $ 100 m follow - on investment in tax equity financing . Last year 's failed deal with SunEdison destabilised the company but in November 2016 it raised $ 100 m in tax equity financing .
Vivint Solar , the US residential solar system provider , has secured $ 303 m in new financing from four different investors to repay existing borrowing and install a large tranche of new solar systems . The financing is split into a $ 203 m , fixed - rate , 18-year loan to be repaid using the contractual cash flows from four existing investment vehicles , and $ 100 m follow - on investment in tax equity financing . Last year 's failed deal with SunEdison destabilised the company but in November 2016 it raised $ 100 m in tax equity financing .