Chamath Palihapitiya’s SPAC for Sunlight Financial is another sign of a renewables boom
https://techcrunch.com/2021/01/25/chamath-palihapitiyas-spac-for-sunlight-financial-is-another-sign-of-a-renewables-boom/
Former Facebook employee and current enfant terrible of high finance Chamath Palihapitiya is making news again with a $1.3 billion twofer SPAC and PIPE deal into the solar energy financing company, Sunlight Financial.
Sunlight Financial is essentially a lending company that gives solar installers a way to provide loans to homeowners to finance solar power and battery installations and other home improvement projects.