goodfinch logo

The defining climate-focused investment management firm that does good for the planet, while doing exceptionally well for investors.

This is Good Financial.

About Us

GoodFinch was founded in 2020 to be a leading asset management company focused on the intersection of capital markets and the ongoing evolution of energy markets.

The co-founders of GoodFinch - Hayes Barnard, Tanguy Serra and Andrew Mills - have spent the last two decades founding and leading some of the most consequential companies in these markets, often in partnership together. GoodFinch's other partners - Nick Franchot and Jamie Hutson - complement the co-founders with significant experience in credit investing and commercial solar, respectively.

The GoodFinch team leverages this collective experience to drive unique and differentiated investment opportunities with meaningful downside protection.

Team Track Record

$30B+

Originated over $30 billion of solar and other sustainable home improvement financings.

$5B+

Issued over $5 billion of renewables asset-backed securitizations across residential solar, sustainable home improvement and commercial solar.

2M

Installed or financed 2 million of the 5 million residential solar units that exist in the U.S. today.

1M+

Built loan and lease servicing platforms that currently serve over 1 million U.S. solar installations.

25%

Developed and financed as much as 25% of annual commercial solar development projects in the United States.

GoodFinch Track Record

pie chart

The only investment firm of its type dedicated to the solar and sustainable home improvement markets.

growth line

$1 billion AUM across our private credit funds that are all projected to meet or exceed targeted returns.

growth chart

Over the past four years, we've flexibly deployed capital into $3 billion of assets to provide clean energy at meaningful scale.

GoodFinch Leadership

Hayes Barnard portrait

Hayes Barnard

Chairman

As Co-Founder of GoodFinch, Hayes brings over 25 years of successful entrepreneurial experience across clean energy, investment/financial, mortgage, and technology sectors. He is also Founder, Chairman and CEO of Loanpal, dba GoodLeap— the #1 solar lender in the U.S.— as well as GivePower, a nonprofit organization that provides solar-based solutions for food, water, and electricity in developing regions around the world. Prior to his current roles, Hayes founded Paramount Equity Mortgage, where he underwrote ~$20 billion in mortgages. With stringent criteria and focused operational foresight, Hayes successfully navigated Paramount Equity Mortgage through severe market conditions in 2008, becoming one of few surviving entities. Later, Hayes also founded Paramount Solar. After quickly garnering significant market share, he sold Paramount Solar to SolarCity, where he served as Chief Revenue Officer for 3 years, growing its business 400 percent— 10 times the size of its nearest competitor.

Tanguy Serra portrait

Tanguy Serra

Partner, CIO

As Co-Founder of GoodFinch, Tanguy brings extensive experience across capital markets, clean energy, and financial technology. As President and Chief Investment Officer of GoodLeap, he quickly helped the organization establish market dominance as one of the leading solar lenders in the U.S. Prior to his current roles, Tanguy spent several years in investment banking with Merrill Lynch, Morgan Stanley (London), nearly a decade investing institutional capital at TPG, co-founded Vivint Solar, and served as Chief Operating Officer and President of SolarCity where he oversaw 10,000 employees, and helped grow to 40% of market share. Alongside Hayes, Tanguy oversaw origination of ~17,000 solar systems per month and tracked performance of hundreds of thousands of systems across FICO bands, lease/PPA/loans, and geographies while serving at SolarCity.

Andrew Mills portrait

Andrew Mills

Partner

As a Partner of GoodFinch, Andrew brings valuable fintech and clean energy experience to this seasoned team. Andrew was the first employee of GoodLeap before founding GoodFinch with Hayes and Tanguy. Prior to GoodLeap, Andrew worked at SolarCity where he helped launch the company's first international expansion in Mexico City. Andrew graduated from Princeton University, where he was Captain of the Varsity Soccer Team and President & Co-Founder of Princeton's Best Buddies chapter.

Nick Franchot portrait

Nick Franchot

Partner

Nick Franchot is a partner at GoodFinch. Mr. Franchot's prior experiences include leading the credit investment program of Hall Capital, a $50 billion multi-family office headquartered in San Francisco, investing for the global macro hedge fund Passport Capital, and serving as a Senior Policy Advisor at the US Treasury Department during the first term of the Obama Administration. Mr. Franchot holds an MBA from the Stanford Graduate School of Business and a BA from Yale University.

Jaime Hutson portrait

Jaime Hutson

Partner

Jamie Hutson is a partner of GoodFinch and leads the firm's commercial solar investment program. Mr. Hutson previously spent the last 6 years as an executive at Distributed Solar Development Renewables (“DSD”), the former commercial solar division of General Electric (“GE”) that was spun out with financial backing of BlackRock. Mr. Hutson was the Chief Investment Officer of DSD and was responsible for the firm's underwriting, capital markets and asset management, and led a first-of-its-kind commercial Asset BackedSecuritization in 2022. Under Jamie's leadership, DSD developed or acquired over 500MW of operating commercial solar assets, deploying over $2 billion of project capital. Prior to DSD, Jamie was a VP at GE Capital's Energy Financial Services focused on utility scale renewable energy tax equity investments. Jamie has over $6 billion of renewable project finance transaction experience and has been one of the industry's leading pioneers over the past decade. He received his MBA and a Master of International Affairs in energy economics from Columbia University.

Nira Desai portrait

Nira Desai

Director of Finance

As Director of Finance at GoodFinch, Nira is responsible for managing accounting, finance, and tax operations. Nira has over ten years of experience in accounting and financial operations. Prior to GoodFinch, Nira spent ten years at Waterfall Asset Management in New York, a distressed credit hedge fund, where she was part of the company's growth from $2B to $10B in assets under management. During her time at Waterfall, Nira served as the Director of Finance and Control where she focused on streamlining back-office accounting and operational processes both in the U.S. and Europe. Nira then served as the Director of Risk Management at Waterfall where she created a counterparty risk function. Nira began her career at KPMG as an Audit Associate working in the real estate and pension practice. Nira holds an undergraduate degree in Business Administration and a master's degree in professional accounting from the University of Texas at Austin. Nira also holds a CPA license in the State of New York.

Investment Focus

GoodFinch invests in large markets that are critical to the ongoing evolution of energy markets.

40% of all US emissions relate to decisions made in and around the home. It is estimated to cost $50,000 for the average household to reduce its emissions by 50%, which in aggregate represents a $4 trillion capital need.

GoodFinch's investment strategy targets this thematic opportunity, specifically through a focus on three primary markets: residential solar loans and leases, sustainable home improvement loans and commercial solar projects. And within these markets we opportunisitically invest in whole loan pools, forward flow partnerships with asset originators, primary and secondary ABS offerings, and development and stabilized commercial solar projects.

Residential Solar

The residential solar market in the United States is a large market. There have been over $100 billion in residential solar financings originated in the United States over the last decade, with forecasts predicting $25-30 billion in annual originations in the coming years. These loans are typically originated to super-prime American homeowners who are saving money by transitioning to solar power while reducing the emissions of their home and typically increasing its value.

Sustainable Home Improvement

In addition to installing residential solar, homeowners are increasingly pursuing other sustainable home improvements that practically reduce a home's electricity consumption and related emissions. This includes energy-efficient HVACs, electric heat pumps, at-home EV charging stations, and other fixed-asset improvements made by homeowners. There are approximately $100bn of sustainable home improvement loans made annually in the United States.

Commercial Solar

In commercial solar, GoodFinch targets projects in the 5-30MW range, or programmatic roll outs of rooftop commercial solar of similar scale. These projects are large enough to power 1,000-6,000 homes and cost $10 million to $60 million to build. We capitalize projects with established offtake agreements typically to investment-grade counterparties. In 2024, the market opportunity was about $10 billion, with expectations that the market will triple over the next five years.

Impact

We take seriously our mission to generate compelling absolute and risk-adjusted returns for our investors while also having meaningful, quantifiable impact.

We anticipate our fifth fund will facilitate emissions reductions equivalent to taking 3 million cars off the road in the US annually.

Our borrowers often save 20% on their monthly electricity costs in year one. The job creation that our investing is unlocking in the US is meaningful.

We have a unique partnership with a non-profit that GoodFinch's partners established a decade ago called GivePower, which today provides access to clean water and clean electricity to nearly 2 million people in 28 emerging market countries.

solar panels with city in background

Contact Us

For investor inquires, please contact IR@goodfinch.com

GoodFinch is a Registered Investment Adviser with the U.S. Securities & Exchange Commission. Registration does not imply a certain level of skill or training. Information presented is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any securities. GoodFinch's website and its associated links offer news, commentary, and generalized research, not personalized investment advice. Nothing on this website should be interpreted to state or imply that past performance is an indication of future performance. All investments involve risk and unless otherwise stated, are not guaranteed. Past performance is not indicative of future results. Be sure to consult with a tax professional before implementing any investment strategy.