(Bloomberg) — Solar Mosaic LLC, a provider of home solar loans that has private equity firm Warburg Pincus as a major backer, is planning to file for bankruptcy in the face of market uncertainty over federal support of clean energy, according to people familiar with the matter.
The Oakland, California-based company recently stopped issuing loans after a new round of financing fell through due to the US House advancing President Donald Trump’s massive tax and spending bill, said the people, who asked not to be identified discussing a private matter. The tax bill would end generous tax incentives for residential solar systems and is now being debated in the Senate.
Jared Kushner’s investment firm Affinity Partners is also…
