Solar crowdfunding platform Mosaic secured equity financing up to $220m from a group led Warburg Pincus. Core Innovation Capital and Obvious Ventures also participated in the round. California-based Mosaic will use the funds to continue its growth in the rooftop solar loan market where it operates a leading solar lending platform.
El Paso Electric (EPE) becomes the first utility in Texas and New Mexico to generate all electricity from sources other than coal.
