The fund enhances Sungevity’s position and Rabobank’s offerings in the North American renewable energy arena through this entrance into residential solar financing.

Sungevity CFO Mac Irvin said the new fund will support Sungevity’s offerings, and address its project finance needs.

Rabobank International executive director Edward Levin said the financing solution will allow over one thousand homeowners with access to affordable clean energy.

Rabobank is a financial services firm providing wholesale and retail banking for the food and agricultural industry, asset and investment management, leasing, real estate services, and renewable energy project financing.