SunPower gets $190 mln financing for solar power installations

miércoles 28 de noviembre de 2007 14:21 CET

Nov 28 (Reuters) - Solar company SunPower Corp (SPWR.O: Cotización) said investment bank Morgan Stanley (MS.N: Cotización) has agreed to provide the company with up to $190 million in financing for commercial and public agency solar electric power installations.

The financing will be available for installations that SunPower delivers to customers under its SunPower Access program through 2008.

The program allows companies and public agencies to purchase solar power, instead of purchasing the solar power systems themselves, SunPower said. (Reporting by John Tilak in Bangalore; Editing by Anil D'Silva)