Skip links

Author: PACENation

CleanFund closes 144A securitization backed by $115M of C-PACE assessments on 82 properties

CleanFund closes 144A securitization backed by $115M of C-PACE assessments on 82 properties

in

CleanFund Commercial PACE Capital announced the closing of a securitization backed by $115M of C-PACE assessments on 82 properties in six states. A $103M, AAA-rated  note was issued in connection with the transaction. This transaction represents the largest C-PACE securitization yet, followed by an earlier $75M securitization closed by

PACE Financing Cited as Strategy to Meet New York’s Ambitious Energy Efficiency Target

PACE Financing Cited as Strategy to Meet New York’s Ambitious Energy Efficiency Target

in

Broad coalition applauds recommendations for statewide Property Assessed Clean Energy (PACE) financing programs for homes and commercial buildings to meet Gov. Cuomo’s energy-climate goals PLEASANTVILLE, N.Y., April 27 – Today, New York State announced its support for residential Property Assessed Clean Energy (PACE), recommendations to

New Analysis Shows Residential PACE Delinquency Rates Lower Than Those of Comparable Homeowners

New Analysis Shows Residential PACE Delinquency Rates Lower Than Those of Comparable Homeowners

in

PACENation welcomes new DBRS report showing “strong performance with very low delinquency levels.” Today, credit rating agency DBRS released the first comprehensive analysis of residential PACE (R-PACE) delinquency rates that combines data across multiple years and PACE providers. Using data on R-PACE assessments over four

RMI: FHA Should Reconsider their About Face—About PACE

RMI: FHA Should Reconsider their About Face—About PACE

in

Source: Rocky Mountain Institute (By Jacob Corvidae and Martha Campbell) Last week, the Federal Housing Administration (FHA) announced it will stop insuring new mortgages on homes with property assessed clean energy (PACE) loans. As to what motivated its decision—according to its letter to the U.S. Department of Housing and Urban Development—the FHA is

Arlington First in Virginia with New Financing Tool for Sustainable Buildings

Arlington First in Virginia with New Financing Tool for Sustainable Buildings

in

Source: Arlington County Arlington County will pioneer Virginia’s first Commercial-Property Assessed Clean Energy (C-PACE) program—a public-private partnership to provide affordable, long-term financing for projects to improve the energy or water efficiency of commercial buildings in the county. Under C-PACE, owners of existing buildings will be

Public and Private Experts in Financing Clean Energy Improvements Gather in Washington, D.C. for First Ever Mid-Atlantic PACE Alliance Conference

Public and Private Experts in Financing Clean Energy Improvements Gather in Washington, D.C. for First Ever Mid-Atlantic PACE Alliance Conference

in

Stakeholders from Maryland, Virginia and Washington D.C. to address ways to accelerate financing commercial energy improvements with minimal to no upfront costs Washington, D.C. (November 9, 2017) – Businesses looking for ways to make clean energy improvements can get all of their questions answered at