EnFin by Qcells (EnFin), Qcells’ residential solar financing platform, has completed its first asset-backed securities (ABS) transaction totaling $252.8 million.
The transaction comprises bonds backed by consumer loans used to finance residential solar installations. RBC Capital Markets acted as the sole structuring advisor and bookrunner,and Santander served as co-manager in the transaction.
“This deal signals confidence in the Qcells brand within the solar financing sector and in the broader capital markets,” says Alex Kaplan, EnFin’s president and CEO.
“EnFin is the only financing platform in the market backed by a major manufacturer, and we benefit from Qcells’ trusted reputation for high-quality equipment and its significant investment to build a sustainable solar supply chain in the U.S. With our seamless point-of-sale technology, extensive installer relationships and scalable services, EnFin is ready to support homeowners across the country who want to go solar with reliable and attainable financing.”
In addition to the recent ABS transaction, EnFin has closed two revolving warehouse transactions totaling $500 million of committed capacity. The first warehouse was closed with RBC in April 2023 and the second with Santander in January, each for $250 million.
The post EnFin Closes Inaugural $253 Million ABS Transaction appeared first on Solar Industry.
Renewable Energy
Getting Rid of Trump
Keep in mind that “removing Trump from office” and “stop talking about Trump” are two different events.
It’s quite possible that a Democrat-controlled congress could remove him from power within the coming months. But think about the damage he’s done to our nation and the path to repair it. Think about the war, the trade deals, the economic policies, our relationships with our allies, the racism, our erstwhile position as leader in world democracy, and the degradation in public health, education, and environmental responsibility.
We’ll be talking about Trump as long as an organized human civilization is functioning on this planet.
Renewable Energy
Islamophobia
To the a
uthor of the meme here, I would suggest that hate and ignorance are far more aggressive forms of cancer.
Renewable Energy
Steve Bannon on the Consequences of a Blue Tsunami in November
Yes, Hegseth and RFK, Jr. will be gone, but I think what’s going to happen first is the decapitation of the snake itself, i.e., the removal of Trump from the presidency.
Based on the news on social media, this could happen via the 25th Amendment, based on Trump’s mental deterioration. In my view, that’s a shame. If he’s not criminally prosecuted, this nation will be deprived of letting the American people and the rest of the world know that rule of law still matters in the United States.
Steve Bannon on the Consequences of a Blue Tsunami in November
-
Climate Change1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Greenhouse Gases2 years ago嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Greenhouse Gases1 year ago
Guest post: Why China is still building new coal – and when it might stop
-
Climate Change2 years ago嘉宾来稿:满足中国增长的用电需求 光伏加储能“比新建煤电更实惠”
-
Renewable Energy12 months agoSending Progressive Philanthropist George Soros to Prison?
-
Climate Change2 years ago
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
-
Greenhouse Gases1 year ago
嘉宾来稿:探究火山喷发如何影响气候预测
-
Climate Change2 years agoAnalysis: China’s CO2 falls 1% in Q2 2024 in first quarterly drop since Covid-19
