Wall Street sours on USD 9 billion mechanism for green projects
The yieldco business structure, which funnels dividends from solar and wind farms to investors, raised almost USD 8 billion in private equity during 2014 and 2015 but has failed to produce the same results since.
BY BRIAN ECKHOUSE, BLOOMBERG
Wall Street investors have gone cold on one of the main mechanisms banks invented to fund the green-energy revolution.
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