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Latest PACE Financing Stories

2014-08-15 23:03:03

Ygrene will use Virgo's investment capital to grow its channel contractor network, further expand its national footprint, and accelerate market awareness for PACE financing. REDWOOD SHORES, CA (PRWEB) August 15, 2014 Virgo Investment Group (“Virgo”) announced that it has completed a $30 million investment in Ygrene Energy (“Ygrene”). Ygrene, headquartered in Santa Rosa, California, and founded in 2010, focuses on Property Assessed Clean Energy (“PACE”) financings for...

2014-08-13 12:22:58

Investment signals broad market adoption of PACE financing, rapid growth for Ygrene SANTA ROSA, Calif., Aug. 13, 2014 /PRNewswire/ -- Ygrene Energy Fund, a leading national provider of residential and commercial property assessed clean energy (PACE) financing, announced today it raised $30 million in growth capital from Virgo Investment Group. Ygrene will use the funds to grow its channel contractor network, further expand its national footprint, and accelerate market awareness for...

2014-07-16 16:21:50

Nation's Leading Provider of Residential Property Assessed Clean Energy Financing Expands SAN DIEGO, July 16, 2014 /PRNewswire/ -- Renovate America, the leading provider of residential Property Assessed Clean Energy (PACE) financing in the U.S. today announced it raised $50 million in growth equity from new and existing investors. Valor Equity Partners led the round, which also included Macquarie, RockPort Capital and Spring Creek. Renovate America partners with local...

2014-07-09 12:23:07

More than 150 CA jurisdictions embracing HERO to date; $250 million in funded projects on 12,500 homes; 2,400 new jobs created SAN FRANCISCO, July 9, 2014 /PRNewswire/ -- In an effort to combat the drought and help residents reduce energy use, 24 additional California communities launched the HERO program today: the cities of Arcadia, Atwater, Barstow, Bellflower, Costa Mesa, Delano, El Cajon, Escondido, Huntington Beach, Laguna Hills, Mammoth Lakes, Menlo Park, Modesto, Monterey,...

2014-07-07 12:23:18

SALT LAKE CITY, July 7, 2014 /PRNewswire/ -- Celtic Bank is pleased to announce that it recently funded a PACE bond with Los Angeles County in the amount of $6,860,000 for the New Constance Hotel located in Pasadena, California. Funds for the New Constance Hotel will be used to install energy efficient improvements including new HVAC and controllers, LED lighting, elevator motors and controls, window treatments, water systems, and insulation. These improvements are estimated to save...

2014-07-01 12:23:23

New efficiency and solar finance platform features easy application, quick approval MINNEAPOLIS, July 1, 2014 /PRNewswire/ -- Eutectics(TM) Finance has launched a new financing platform to fund energy efficiency and renewable energy improvements in buildings across the United States. For projects ranging from $25,000 to $5,000,000, Eutectics Finance features a simple financing application, quick turnaround, and a committed capital partner with the goal of financing $70 million in...

2014-05-27 16:22:00

~ Financing now readily available for efficiency improvements in subscribing counties ORLANDO, Fla., May 27, 2014 /PRNewswire/ -- The Florida PACE (Property Assessed Clean Energy) Funding Agency (Agency) through its EVest Program today announced that $200 million in financing is now available to property owners in subscribing local government jurisdictions for qualifying energy efficiency, renewable generation and wind-resistance home or commercial business improvements or repairs....

2014-05-20 20:20:52

PACE allows property owners to make homes more energy- and water-efficient with tax deductible financing paid through property taxes LOS ANGELES, May 20, 2014 /PRNewswire/ -- The Los Angeles County Board of Supervisors voted today to enable residential Property Assessed Clean Energy (PACE) financing for homeowners residing in cities within the county that have passed resolutions authorizing the mechanism. Forty-two Los Angeles County cities that recently adopted resolutions to make...

2014-05-19 12:23:10

Clean Fund purchases $30 million portfolio ROCKY HILL, Conn., May 19, 2014 /PRNewswire/ -- The Clean Energy Finance and Investment Authority (CEFIA), Connecticut's green bank, and Clean Fund, a specialty Property Assessed Clean Energy (PACE) finance provider, today announced the securitization of a portfolio of CEFIA-financed Commercial Property Assessed Clean Energy transactions. The sale, which will fund a total portfolio of $30 million of commercial PACE benefit assessment liens...

2014-05-07 20:22:26

Local property owners can make homes more efficient with low-cost, tax deductible financing paid through their property assessment STOCKTON, Calif., May 7, 2014 /PRNewswire/ -- The Stockton City Council voted last night to make the HERO Property Assessed Clean Energy (PACE) program available to city residents. Like all PACE programs, HERO makes energy- and water-saving renovations affordable for property owners by providing long-term, competitive financing through an additional...


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