Goldman Sachs agrees to buy Mosaic's rooftop solar loans

A division of Goldman Sachs Group Inc. has entered into an agreement with Mosiac to buy $300 million of rooftop solar loans.

This agreement will help clear up Mosaic’s balance sheet so that the California based company can finance more loans.

Earlier this week, the company entered into a partnership deal with Wave Solar to give Mosaic’s dealer partners a pre-negotiated discount on Wave Solar’s lead-generation platform.

As the largest U.S. home solar lender, Mosaic has a network of more than 125 rooftop developers that have financed more than $1 billion in solar homes.

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