San Francisco-based GoodLeap, has formed an equity partnership with Tactical Infrastructure Partners (TIP) to acquire over $1.5 billion in residential solar and storage products. The partnership, backed by debt financing from ATLAS SP Partners, supports GoodLeap’s growth in the residential solar lease and power purchase agreement (PPA) market. The company launched its third-party owned (TPO) products in June, currently available in 12 states, with plans to expand into 13 more. This aims to offer a wider range of financing options, making solar and storage solutions more accessible and affordable for US homeowners, in response to growing consumer demand for flexible financing models.
GoodLeap,TIP, and ATLAS SP partnered for $1.5B solar expansion in US
Through TIP’s investment, GoodLeap will expand its third-party owned (TPO) products to increase renewable energy adoption. (Image Credit/Source: andreas160578/Pixabay)