Solar

Mosaic Secures $200 Million from DZ BANK and NY Green Bank for a Residential Solar Project

Residential solar financing company Mosaic has secured $200 million from a partnership between DZ German Bank and NY Green Bank for a warehousing facility which will help them expand their services within the state of New York.

Frank Schehl, Managing Director and Head of Asset Securitization at DZ BANK said “DZ BANK has been thoroughly impressed with Mosaic’s operations, loan product and traction in the marketplace as they have gone from start up to leader in the market.”

Mosaic is the nation’s leading residential solar lending platform, enabling thousands of people to profit from the benefits of clean energy by owning their own solar panels. To read more on this topic, visit this page.

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