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Hannon Armstrong finances solar firm

Hannon Armstrong Sustainable Infrastructure Capital Inc., of Annapolis, which makes debt and equity investments in sustainable infrastructure projects, and SunPower Corp. Monday announced an agreement under which HASI will provide up to $44.5 million in non-recourse debt to help finance SunPower’s residential solar lease program. More than 20,000 Americans are enrolled in the lease program with the San Jose, California-based solar-power firm. This is the second transaction announced by the two companies this year. In early April, Hannon Armstrong and SunPower entered into $42 million non-recourse debt financing.

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