Press Release

SAN FRANCISCO, May. 23, 2022 /PRNewswire/ -- GoodLeap, LLC, America's leading digital marketplace for sustainable solutions, today announced the closing of GoodLeap Sustainable Home Solutions Trust 2022-2, a securitization underwritten by Credit Suisse and Goldman Sachs. The transaction is backed by $467 million of residential solar loans originated on the GoodLeap platform that were made to approximately 11,000 homeowners. The securitization received ratings from S&P Ratings Agency and Kroll Bond Rating Agency and the loans were originally purchased on GoodLeap's marketplace by affiliates of Blackstone, Credit Suisse, Davidson Kempner Capital Management LP, Goldman Sachs, GoodFinch, and Varadero.

"Residential solar and home efficiency loans have proven to be a resilient asset class that have shown excellent payment performance," said Tanguy Serra, GoodLeap's President and Chief Investment Officer. "It is telling that in a volatile market, the deal was well received."

GoodLeap's proprietary technology platform supports more than 21,000 home efficiency sales professionals at the point-of-sale, creating an efficient option for financial institutions to deploy their capital in high-performing ESG assets.

About GoodLeap

GoodLeap is a technology company delivering best-in-class financing and software products for sustainable solutions, from solar panels and batteries to energy-efficient HVAC, heat pumps, roofing, windows, and more. Over 1 million homeowners have benefited from our simple, fast, and frictionless technology that makes the adoption of these products more affordable, accessible, and easier to understand. Thousands of professionals deploying home efficiency and solar solutions rely on GoodLeap's proprietary, AI-powered applications and developer tools to drive more transparent customer communication, deeper business intelligence, and streamlined payment and operations. Our platform has led to more than $27 billion in financing for sustainable solutions since 2018.

GoodLeap is also proud to support our award-winning nonprofit, GivePower, which is building and deploying life-saving water and clean electricity systems, changing the lives of more than 1.6 million people across Africa, Asia, and South America.

Contact: press@goodleap.com