Enphase Energy partners with Capital Good Fund for expansion; shares fall

Shares of solar inverter maker Enphase Energy ENPH.O down ~3% at $43.50 premarket

Co partners with Capital Good Fund - NPO and provider of solar power purchase agreements

Partnership aims at supporting approximately 24 megawatts of small commercial and residential solar projects across Georgia and Pennsylvania, with vast majority consisting of mission-aligned commercial installations

Agreement is expected to expand IQ Microinverter Deployments for Small Commercial and Residential Projects in U.S.

Upto last close, ENPH up ~40% YTD