Mosaic Surpasses $9 Billion in Loans Funded for Residential Solar and Sustainable Home Improvements
Mosaic, a leading financing platform for U.S. residential solar and energy-efficient home improvements, today announced it has surpassed $9 billion in loans funded through its platform. The company continues to see significant growth — surpassing $8 billion in loans funded just eight weeks ago
Company helps more than 1 million people prosper from clean energy
Completes $244 million solar loan securitization
OAKLAND, Calif., Sept. 15, 2022 /PRNewswire/ -- Mosaic, a leading financing platform for U.S. residential solar and energy-efficient home improvements, today announced it has surpassed $9 billion in loans funded through its platform. The company continues to see significant growth — surpassing $8 billion in loans funded just eight weeks ago.
"The need for clean energy and sustainable home improvements has never been greater," said Billy Parish, founder and CEO of Mosaic. "Just last week, millions of people were under excessive heat warnings, which put pressure on electric grids in several states. Our partners and industry play a critical role in helping homeowners make their homes more energy efficient and resilient. There's so much opportunity to not only prevent the worst impacts of climate change, but also support an adaptable and modern grid through the adoption of solar panels, battery storage and high-efficiency electrical appliances. And now, the Inflation Reduction Act will make it even easier for people to choose these options."
