GoodLeap Announces Closing of $311.6 Million Securitization Bringing the Company's Total to 20

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$432/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

GoodLeap Announces Closing of $311.6 Million Securitization Bringing the Company's Total to 20

PR Newswire

The transaction was the first securitization backed by GoodLeap loans in 2024.

SAN FRANCISCO, June 13, 2024 /PRNewswire/ -- GoodLeap, LLC, America's leading digital marketplace for sustainable solutions, today announced the closing of GoodLeap Sustainable Home Solutions Trust 2024-1, a securitization sponsored by Goldman Sachs Lending Partners LLC. The securitization is backed by approximately $311.6 million principal balance of residential solar loans originated on the GoodLeap platform. The securitization received ratings from Fitch Ratings Agency. Joint bookrunners included Goldman Sachs & Co. LLC, ATLAS SP Securities, BofA Securities, Inc., and Citigroup Global Markets, Inc.

Sustainable home upgrades represent an estimated $450 billion annual market opportunity in the United States. GoodLeap leverages its deep expertise in technology and data to make these sustainable home upgrades more accessible for homeowners who are looking to have a positive impact on the planet. GoodLeap's proprietary technology platform is accessed by more than 18,000 sales professionals at the point-of-sale, creating an efficient option for financial institutions to deploy their capital in high-performing ESG assets. GoodLeap works with credit unions, insurance companies, banks and asset managers and has provided more than $26 billion of solar loans and other home efficiency loans through its platform since 2018, empowering over 600,000 homeowners to take steps that reduce their carbon footprint.

About GoodLeap
GoodLeap is America's leading marketplace for sustainable solutions, delivering a digital-first experience that is simple, fast, and frictionless. GoodLeap's proprietary point-of-sale technology is actively used by more than 18,000 sales professionals, creating an efficient option for financial institutions to deploy their capital in high-performing ESG assets. GoodLeap has mobilized over $26 billion financing for sustainable upgrades since 2018, empowering countless consumers to live a more sustainable lifestyle. GoodLeap is a proud partner of GivePower, an international nonprofit organization committed to deploying solar-powered clean water and clean energy systems to communities in need around the world. To learn more about GoodLeap, visit, follow and connect with us at goodleap.com.

Contact: [email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/goodleap-announces-closing-of-311-6-million-securitization-bringing-the-companys-total-to-20--302171226.html

SOURCE GoodLeap

Copyright CNW Group 2024

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).