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Renew Financial Announces $158 Million Securitization Of Pace Assets

Apr 27, 2021•about 4 years ago
Oakland

Description

Renew Financial, the nation's most experienced provider of residential Property Assessed Clean Energy (PACE) financing, announced today the completion of its latest PACE ABS transaction totaling $157.9 million. This is the company's eighth PACE securitization.

Company Information

Company

Renew Financial

Location

Oakland, California, United States

About

Renew Financial Group LLC (Renew Financial) is one of the nation's leading providers of financing for sustainable building improvement projects with a bold vision to create financial access to a safe, healthy and sustainable world. Renew Financial administers Property Assessed Clean Energy (PACE) programs operating in California and Florida to strengthen communities by making homes more resilient, efficient, and valuable. Renew Financial has funded more than $1.1B in PACE projects that have led to greenhouse gas reductions (GHGs) equivalent to removing over 305,000 cars from the road.