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.

  • Ygrene receives $95m private equity investment as Pace market booms

    21 December 2016

    Ygrene Energy Fund has received a $95 million investment from US private equity firm Lightyear Capital, which has acquired a minority stake.

  • 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).

  • $30m fundraise, as Pace 'comes of age'

    10 March 2016

    The US property assessed clean energy (Pace) market has "come of age", according to a company that has just raised $30 million in operating capital to help fund its expansion plans.

  • Ygrene completes $150m PACE securitisation

    23 July 2015

    A ground-breaking $150 million securitisation of assets developed under the Property Assessed Clean Energy (Pace) financing initiative has been issued.