ImpactAssets and Partners Extend $12M Loan to High-Impact Residential Solar Provider PosiGen, Catalyzing the Energy Transition in Lower-Income American Communities
The catalytic loan fills a crucial financing gap, enabling PosiGen to deploy thousands of solar energy systems and scale its transformative real-world outcomes across underserved regions of the United States.
- The catalytic loan fills a crucial financing gap, enabling PosiGen to deploy thousands of solar energy systems and scale its transformative real-world outcomes across underserved regions of the United States.
- The PosiGen initiative aligns to multiple ImpactAssets climate finance imperatives by accelerating the adoption of renewable energy and ensuring that deployment is equitably distributed to all communities.
- With this financing, PosiGen will deploy thousands of residential solar energy systems paired with energy efficiency upgrades in low- and moderate-income communities, reducing energy burdens for those customers while contributing critical progress toward decarbonization.
- “Financing a just energy transition is one of our core impact objectives as we activate more and more capital for climate solutions.