Real Assets
SCHENECTADY, N.Y.--(BUSINESS WIRE)--Distributed Solar Development (DSD) – the business backed by BlackRock Real Assets’ Global Renewable Power platform and GE Renewable Energy – announced today the closing of a $250M fund financed by Morgan Stanley, Silicon Valley Bank and Fifth Third Bank to fund a portfolio of distributed generation projects through 2020. “This transaction positions DSD for significant growth over the next year as we work to meet growing demand from commercial and industrial.