Archive

  • The PACE quickens

    06 February 2017

    The market for Property Assessed Clean Energy bonds in the US is booming, with $1.7 billion of issues last year. Joe Walsh investigates the secret to its success and explains why it is being rolled out in other countries.

  • Green bonds round-up

    30 November 2016

    California-based Property Assessed Clean Energy (PACE) financing company Ygrene will issue a securitised PACE green bond every quarter, Environmental Finance can reveal.

  • Ygrene issues first AAA rated Pace bond in $329.5m fundraise

    15 November 2016

    Ygrene Energy Fund has raised $329.5 million by issuing two Property Assessed Clean Energy (Pace) bonds including the market's first AAA rated notes.

  • PACE fund secures $250m credit, eyes ABS

    18 May 2016

    A fund that finances Property Assessed Clean Energy (Pace) upgrades in the US has secured a $250 million credit facility, in a deal expected to pave the way for its first publicly issued asset-backed security (ABS).