SolarCity Corp
* SolarCity Corp says project financing delays of about 30 days due to the proposed Tesla acquisition
* SolarCity says cash balance expected to increase by the end of Q3 and to further increase by the end of Q4
* SolarCity says “expect to report one of the lowest cost per watt quarters in our history in Q4 2016”
* “look to expand in one or two more states by the year end”
* “infrastructure in place to support annual installations of about 1.25 gw, so we will be reducing costs to match our current volume forecast”
* “combining the two companies will have some level of overlap in the product level” Further company coverage:
Recent Articles on M&A
Source: Reuters.com
