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Sunrun seeks $200 million in debt for rooftop solar

  Bloomberg Sunrun Inc., the largest US independent residential solar company, is seeking about $200 million in project-finance debt to build more rooftop power systems, according to people familiar with the deal. ING Groep NV and SunTrust Banks Inc. are helping arrange the non-recourse debt for San Francisco-based Sunrun, according to the people, who asked not to be identified because ...

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Oil production outgrows pipeline capacity in Texas

  Bloomberg Oil production in West Texas is about to outgrow pipeline capacity, a combination that knocked down crude prices in the region three years ago. West Texas Intermediate crude at Midland, Texas, the heart of the Permian Basin, sank this month to the lowest level since September. It’s the weakest for this time of year since 2014, according to ...

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Modi’s aim to spread solar to poor nations wins IEA support

  Bloomberg The International Energy Agency will help support Indian Prime Minister Narendra Modi’s goal to spread solar power to more developing nations, especially those clustered around the Equator. Fatih Birol, executive director of the Paris-based agency that oversees energy policy in industrial nations, said he’s working to encourage financial institutions to support Modi’s program, which was launched at United ...

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