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U.S. Bancorp And SolarCity To Fund Solar Power Installations In U.S. Military Housing Communities

Stocks in this article: USB

About U.S. BancorpWith $340 billion in assets as of Dec. 31, 2011, is the parent company of U.S. Bank, the fifth-largest commercial bank in the United States. The company operates 3,085 banking offices in 25 states and 5,053 ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp and its employees are dedicated to improving the communities they serve, for which the company earned the 2011 Spirit of America Award, the highest honor bestowed on a company by United Way. Visit U.S. Bancorp on the web at www.usbank.com.

Since 2008, U.S. Bank has committed more than $690 million of renewable energy tax equity in support of clean energy projects with over $570 million invested in solar power generating facilities and the balance in wind energy projects. This commitment has supported the development of more than $1.5 billion worth of projects, including residential solar funds, commercial and municipal wind and solar projects and utility-scale wind developments.

About SolarCitySolarCity®â€”a national leader in clean energy services—provides homeowners, business and government organizations cleaner, more affordable alternatives to their utility bills. The company makes it simple for customers to lock in lower, long-term rates for clean energy by providing everything from permitting and installation to ongoing monitoring and maintenance. Additional information about the company is available on the Web at www.solarcity.com.



Copyright Business Wire 2010
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