Well, they may not be in immediate financial trouble, but the recent move points to stress in its capital structure and risk exposure. Writing new loans that assume the 30 percent ITC will still apply by the time systems are operational now carries more uncertainty. The House proposal to eliminate the credit after 2025 has not passed, but the possibility is enough to make funding partners cautious. Mosaic is almost certainly reacting to pressure from those partners who are unwilling to fund loans without policy clarity.
Pausing milestones and countersignatures helps preserve liquidity but also halts revenue and strains relationships with installers. If the pause continues, Mosaic risks losing ground to lenders with more stable or flexible capital sources. The company is choosing risk control at the cost of short-term growth and market confidence. This may prove wise or damaging depending on how Congress acts in the coming weeks.