SolarCity to Buy Zep Solar for $158 Million to Cut Install Costs

Bloomberg Businessweek

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SolarCity Corp. (SCTY:US), the rooftop-solar power provider that’s quadrupled in value since its December initial public offering, agreed to buy closely held Zep Solar Inc. for about $158 million in stock to ensure supplies of racking systems that cut installation times in half.

Read the full Bloomberg Businessweek article here