Financing provided by Wells Fargo is expected to enable GCL Solar to cost-effectively provide a clean and reliable source of electricity to its customers, including schools, municipalities, corporations and utilities.
GCL Solar will build and operate solar power plants, and its customers will purchase the electricity under long-term power purchase agreements at rates equal to or lower than traditional utility rates.
San Francisco-based GCL Solar builds, owns and operates solar photovoltaic power plants.
