Funding and M&A Roundup: Loanpal Closes Largest Residential Solar Securitization Deal
APICORP extends a $50 million revolving construction facility to Yellow Door Energy
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Loanpal, a residential solar financing company, announced that it had closed a securitization of approximately $434 million worth of Loanpal solar loans previously purchased by Goldman Sachs, Blackstone Credit, and Goodfinch. This represents the largest securitization deal of residential solar loans to date. This securitization sponsored by Goldman Sachs consists of $346.7 million of notes rated by the Kroll Bond Rating Agency.
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Utsav Sinha
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