PV-Magazine
US residential solar lender Mosaic has filed for Chapter 11 bankruptcy amid rising interest rates and policy uncertainty, joining a wave of financial distress sweeping the sector. The company, which backed more than $15 billion in home energy loans, will pursue a court-approved restructuring backed by existing lenders…
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US residential solar lender Mosaic files for bankruptcy amid policy uncertainty
Ryan Kennedy
01:20
US residential solar lender Mosaic has filed for Chapter 11 bankruptcy amid rising interest rates and policy uncertainty, joining a wave of financial distress sweeping the sector. The company, which backed more than $15 billion in home energy loans, will pursue a court-approved restructuring backed by existing lenders…
