Fundz

Ygrene Completes $344 Million Securitization Of Pace Assets

PRIVATEMar 17, 2022

Amount Raised

$344 Million

Round Type

Funding Round

PetalumaOtherEnergySustainabilityFinancial Services

Description

Ygrene, one of the nation’s leading property improvement financing providers, announced today the closing of its GoodGreen 2022-1 securitization with the issuance of $344 million PACE – property assessed clean energy – investment-grade debt securities. Since its inception, Ygrene has completed 12 securitization transactions totaling over $2.5 billion, further solidifying its leadership position in delivering innovative financing products that help solve some of today’s most pressing environmental and social issues.

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Company Information

Company

Ygrene

Location

Petaluma, California, United States

About

Ygrene's award-winning property improvement financing, with built-in consumer protections, is delivering greater choice for home and business owners by providing access to affordable financing for energy efficiency, renewable energy, water conservation, storm protection, and seismic upgrades. In addition, Ygrene financing has proven to be a successful tool for supporting public policy initiatives - at no cost to local government. By providing over $2.5 billion of private capital to more than 550 local communities, Ygrene has created tens of thousands of jobs and invested millions into local economies across the U.S. Learn more at ygrene.com.

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