Mosaic to Offer Retail Investments in Residential Solar
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Mosaic Inc., the operator of an online financing system that lets individuals invest in commercial solar systems, is expanding into residential projects.
Mosaic agreed to provide financing to Sungage Financial Inc., a Boston-based developer that will loan the funds to Connecticut residents who want rooftop solar systems, according to a statement today. Connecticut’s Clean Energy Finance and Investment Authority, the state’s green bank, is providing an initial $5 million to fund originations.