Tag: News
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Vivint Solar closes $313 million term loan facility
Vivint Solar closed a $313 million term loan facility, which refinanced 11 tax equity funds that were part of the company’s aggregation facility. The term loan facility provides back-leverage financing for a portfolio of 12 tax equity funds that own over 307 megawatts and 47,000 residential solar energy systems acrossRead More — Solar Builder magazine
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BlueWave makes solar loan product available in the Carolinas (and has installer incentives)
As the solar market in the Southeastern U.S. booms, BlueWave, a Boston-based Community Solar development and fintech company, has brought its solar loan product to North Carolina and South Carolina. Homeowners in North Carolina and South Carolina looking to finance their home solar systems can now sign up for aRead More — Solar Builder magazine
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Nevada Supreme Court decides against voting referendum to restore net metering
Nevada decides yet again to remove power from the people. The state Supreme Court has decided against a referendum for the upcoming election that would have let people vote on whether or not to restore net metering rates. The decision was based on the description required to explain the effectRead More — Solar Builder magazine
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Georgia’s Solarize Athens campaign triples area’s residential solar installs
June 30 marked the last day for Solarize Athens, and after tabulating the results the coalition in charge of Solarize Athens, made up of Environment Georgia, the Georgia Climate Change Coalition, Georgia Interfaith Power and Light and Solar Crowd Source, announced they hit their goal of tripling residential solar inRead More — Solar Builder magazine
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Solar loan provider Mosaic keeps growing: $220M equity financing round complete
Mosaic, one of the leading providers of affordable solar financing solutions for homeowners, just secured an equity financing of up to $220 million led by Warburg Pincus, a global private equity firm focused on growth investing. Core Innovation Capital and Obvious Ventures also participated in the round. Mosaic will use the fundsRead More — Solar Builder magazine