IPO SolarCity sells renewable energy at prices below utility rates. Their long-term agreements generate recurring customer payments and position them to provide their customers with other energy products and services. Most of their customers agree to a 20-year contract term, positioning SolarCity to provide them with additional energy-related solutions during this relationship to further lower their energy costs. They generate revenue from a mix of residential customers, commercial entities such as Walmart, eBay and Intel, and government entities such as the U.S. Military.
Get an advisory report for this company's Initial Public Offering
View this company's prospectus
No comments:
Post a Comment