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Is Home Efficiency Financing About to Eclipse the Solar Financing Market?

Property-assessed clean energy loans for homes rebounded in a big way last year. PACE looks to continue to gain steam in 2015, but it is being joined by other investment vehicles bringing new life to residential energy efficiency.

San Francisco-based startup Renewable Funding is bringing its Warehouse for Energy Efficiency Loans program, dubbed WHEEL, to New York with the help of the state’s Green Bank. Citi and Renewable Funding, along with New York Green Bank, will provide a $100 million medium-term-note financing program. Lending is scheduled to begin in spring. Read more.