Berkeley, CA, and Austin, TX, Oct. 7, 2008 — Helio Micro Utility (Helio mU) and Verde Energy introduced a new partnership to provide immediate financing for commercial projects in the United States through the Verde Pro network of solar power installation partners.
The agreement paves the way for Verde Energy to introduce the Helio mU Green Energy Plan for commercial and residential systems to its network of solar photovoltaic installation partners called Verde Pros.
For commercial facilities, the agreement will utilize the Helio Green Energy Community Investment Fund, which was created with the backing of Citi Community Capital to initially support the installation of up to four megawatts of solar power on qualifying commercial and public sector facilities throughout the U.S.
For the residential market, the agreement will make it possible for Verde Pros to offer the Helio Green Energy Plan to homeowners to generate green electricity with no upfront cost for panels.
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