Dive Summary:

• The power company of the future will need to own both centralized wholesale generation and part of the fast-growing distributed solar generation business, says CEO of Clean Power Finance Nat Kreamer.
• Clean Power is fresh off a deal with Edison International and two un-named power companies that invested more than $37 million in Clean Power to expand the company’s online financing service helping rooftop solar installers fund their home solar energy systems.
• This comes after Duke Energy Corp. announced it might go into rooftop solar and NRG Energy Inc.’s launch of solar panel installations on homes.

From the article:
“…Clean Power Finance, based in San Francisco, has a software platform that connects investors with solar energy installers that are seeking funding to complete projects. Power companies have invested in the business model because it allows them to own part of the rooftop solar industry, Kreamer said.”