Solar Asset Class Beats Treasuries with 4.5% Est. Annual Returns
OAKLAND, CA -- (May 16, 2013) Mosaic, a clean energy marketplace, just topped $1M invested on their biggest solar project to date with over 800 investors from 42 states across the country. Mosaic's solar investments offer a way for individuals to go solar for as little as $25 and earn expected returns of 4.5%-6.38% per year, varying by project.* Mosaic's expected yield is competitive with stocks (with the S&P 500 averaging 4.5% from 2003-12) and corporate bonds (averaging 5.20% from 2003-12) and significantly greater than that of Treasuries (1.90%) and CDs (0.50%). The company has made 100% on-time payments to date.**
Mosaic just released an infographic illustrating the project that invites investors to put their "dot" on the map by investing in Mosaic's newest and biggest solar project, a 487 kW installation on New Jersey's famous Wildwoods boardwalk (view graphic here). More than 823 people have invested in the Wildwoods project so far, creating enough electricity to power 50 American homes. The youngest Mosaic investor is 18 while the oldest is 86, with average at 41 years old. For the estimated 75% of Americans who can't go solar on their own roofs, Mosaic offers a way to help promote solar power generation.
"As a banker, I view solar infrastructure investing as a safe and predictable asset class. I'm thrilled to see the public gain access to this type of investment," said Marco Krapels, Executive Vice President of Rabobank and Mosaic Board Member.
In January, Mosaic launched its first return on investment solar projects to the public, selling out all three in less than 24 hours with over $300,000 invested. Since then, Mosaic has partnered with Standard & Poor's, DuPont and Distributed Sun, among others, as part of the truSolar™ working group to standardize risk assessment and develop a score -- similar to a credit rating -- for each solar project.
Mosaic is an online marketplace that connects investors to high-quality solar projects. Mosaic's mission is to open up clean energy investing to the public and fundamentally change the way energy is financed. To date, Mosaic has raised over $2M from more than 1,500 investors to finance solar projects in California, Arizona and New Jersey. For more information about Mosaic visit www.joinmosaic.com.
*Please visit joinmosaic.com to learn more about the projects and to access the offering memoranda, which discuss the projects, the terms of the investment and the risks associated with this investment.
**Past performance is not a guarantee of future performance.