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The Hagerman Group offers construction management, general contracting, design-build, owner’s representative, self-perform, as well as site selection and economic development incentive negation services. This fourth generation, family owned company, was founded in 1908 with Indiana offices located in Fort Wayne and Fishers.

Monday, October 17, 2011

Emerging Energy Markets

Google and rooftop solar company SolarCity recently announced a $280 million investment deal...the largest of its kind for home-based solar power systems in the U.S. The investment will give SolarCity the funding to build and lease solar power systems to 7,000 to 9,000 homeowners in the 12 states where it operates (Indiana not currently included).

Founded in 2006, SolarCity has 15,000 solar projects around the nation completed or under way. Customers who wish to have the company’s solar system installed at their home can pay for it outright, but most choose instead to let SolarCity retain ownership of the equipment and rent back the use of it through monthly solar lease payments. As SolarCity’s financing partner, Google plans to recoup its investment over time through those lease payments.

Dave Hall
Executive Vice President of Corporate Development
The Hagerman Group
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