Solar activity flares up with Mosaic ABS

Installing solar panel rooftop from Adobe 9Jul20 575x375
By Jennifer Kang
03 Mar 2021

US residential solar company Solar Mosaic is returning with a securitization backed by a pool of prime consumer loans. The issuer surpassed $4bn in loans funded through its platform in February, and hopes to continue pushing the solar asset class into the mainstream.

There are two main forces contributing to the brightening prospects for residential solar in 2021, according to Billy Parish, founder and chief executive of Mosaic; new energy policies and reduction in the cost of funding. 

From the policy side, the market is expecting to see more regulations passed by ...

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