WGL Holdings, Inc. Announces $50,000,000 Solar System Investment Agreement with American Solar Direct Inc., a Provider of Solar Electric Systems
November 15, 2010Dateline City:
WASHINGTON
WASHINGTON--(BUSINESS WIRE)--WGL Holdings, Inc. (NYSE:WGL) today announced its $50 million solar system investment agreement with California-based residential solar system installer, American Solar Direct Inc. (ASDI). Along with this agreement, WGL Holdings has also made a $5 million equity investment in ASDI's parent company, American Solar Direct Holdings Inc. (ASDHI), establishing a long-term strategic relationship.
Language:
English
Contact:
WGL Holdings, Inc.
News Media
Ruben Rodriguez, 202-624-6620
or
Financial Community
Robert Dennis, 202-624-6129
or
American Solar Direct Inc.
Beth Spence 424-214-6703
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Ticker:
WGL
Exchange:
NYSE