Solar ABS appeals to investors as Covid impact muted

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Solar ABS appeals to investors as Covid impact muted

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STAVROPOL TERRITORY, RUSSIA - MARCH 25, 2020: Solar panels at the Staromaryevskaya solar power plant in the village of Staromaryevskaya, Grachyovka District. The first line of the plant, one of the largest in Russia, was launched in June 2019. The station has generated over 26 mln kWh since its launch. Alexander Pogozhev/TASS | Alexander Pogozhev/Tass/PA Images

Residential solar finance company Mosaic’s foray into the recently reopened asset-backed securitization market was well received by investors, reaping a multiple-times oversubscribed order book, in part thanks to data that shows the pandemic having a limited impact on solar loans.

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