Borrego solar secures funding through US Bank, East West Bank
Solar project designer and installer Borrego Solar Systems Inc. has closed a $47 million fund with its partners at US Bank and East West Bank to finance various solar energy projects.
The US Securities and Exchange Commission said Friday it is working closely with the Treasury and the Federal Reserve on a deal under which JP Morgan Chase will borrow funds from the Federal Reserve Bank of New York on behalf of Bear Stearns.