C-PACE News from
PACENation

Twenty-four leaders were recognized for their efforts to strengthen the PACE marketplace for local communities and property owners NEW YORK, NY—PACENation, the national membership association for PACE (Property Assessed Clean Energy) financing, announced at the 2023 PACENation Summit this year’s PACE Champions of the Year and PACESetter Award recipients. PACESetters and PACE Champions were honored The post PACENation Announces 2023 PACESetters and PACE Champions of the Year appeared first on PACENation.

While we have seen environmental, social, and governance (ESG) concerns rise to the forefront in investing over the last few years, last year the conversation took a negative turn, with anti-ESG backlash entering the dialogue. Part of the backlash stems from not recognizing that there are two components to examining impact through the ESG lens: The post As ESG Remains in the Spotlight, PACE Can Help Address Climate Change and Resiliency Concerns appeared first on PACENation.

PACENation member, GreenRock LLC, announced the first Commercial Property Assessed Clean Energy (C-PACE) transaction in Tennessee history. GreenRock principals have closed more than $400 million of C-PACE financing to date. Read the full story in the official press release below. … NASHVILLE – August 22, 2022 – GreenRock Capital LLC (GreenRock) announces the first Commercial The post GreenRock Leads First C-PACE Financing in Tennessee appeared first on PACENation.

PACENation’s brand, network, and resources are key contributors to the continued growth of the Commercial PACE sector as the industry passes $3B in C-PACE investments. Los Angeles – Today PACENation announced a new membership package for Commercial PACE capital providers who recently entered the PACE marketplace. New capital provider members who register before June 1, The post PACENation Launches New Membership Special for Commercial PACE Lenders appeared first on PACENation.

53% of PACENation members are businesses, 21% are governmental or quasi-governmental institutions, and 26% are non-profit organizations–all working together to expand access to capital for climate-friendly, resilient buildings Los Angeles – PACENation announced today that it reached a major milestone with the addition of its 200th member. This milestone coincides with a trend of extraordinary The post PACENation Welcomes Its 200th Member as PACE Financing Continues to Experience Record Market Growth appeared first on PACENation.

GreenRock Leads Record-Setting $103M in C-PACE Funding for Chinese Hospital The post GreenRock Leads Record-Setting $103M in C-PACE Funding for Chinese Hospital appeared first on PACENation.

Today, Athene Holding Ltd. announced a definitive agreement to acquire Petros PACE Finance. The investment in Petros PACE Finance will be managed by Apollo, Athene’s strategic asset management partner. Read the story below, or on Yahoo Finance. … Athene to Acquire Petros PACE Finance, a Leading Provider of Commercial Property Assessed Clean Energy (C-PACE) Financing The post Athene and Petros PACE Finance Announce Acquisition Agreement appeared first on PACENation.

Guest Post by Jessa Coleman, Senior Manager of Programs, PACE Financial Servicing, and Marcus Glomset, Communications and Research Associate, PACE Financial Servicing A number of key events transpired in the last year that will bolster and expand the MD-PACE program and enable a greater number of projects to be financed with C-PACE than ever before. The post The Next Evolution of C-PACE: Resiliency, HUD, and the SSBCI appeared first on PACENation.

By Priscilla Sims Brown, President and CEO, Amalgamated Bank With the launch of any new financial product—from home equity loans to digital currency—policy and regulation often lag behind a step. That’s the way innovation works. A new product may fill an important public need, but it may not fall under existing regulations and consumer protections. The post Building on the PACE Promise appeared first on PACENation.

The action plan marks another step in PACENation’s multi-year effort to ensure that historically underserved and underrepresented communities are full participants in America’s clean energy future PACENation, the national nonprofit association that works with state and local governments, community organizations, lenders, and small businesses to strengthen and expand access to Property Assessed Clean Energy (PACE), The post Twenty PACE Industry Leaders Adopt Comprehensive Action Plan to Ensure Greater Diversity, Equity, and Inclusion in the Growing PACE Marketplace appeared first on PACENation.