John Hancock Invests in CleanCapital’s Debut $21M Offering

By [email protected] CleanCapital received funding from John Hancock Life Insurance Company in August to close its first portfolio of solar projects.

The solar financing startup is a bit like a YieldCo, but is more akin to the fintech firms that are making it easier for a broader swath of investors to invest in other markets, like real estate.

“We wanted a technology platform to handle incoming investment and also do due diligence,” said Jon Powers, co-founder of CleanCapital and former chief sustainability officer for the White House. “Our investors are buying right in to assets.”

CleanCapital investors can pick and choose their investments, which are

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