Texas faces an unusual scenario when it seeks to advance property-assessed clean energy (PACE). The state has a tradition of seeking private-sector solutions and streamlining government activities. This means PACE methods adopted in other states – such as Connecticut – Read more…
How can alternative financing solutions help expand clean energy through capital markets? Industry experts convened at this year’s Asset-Backed Securities (ABS) East conference in Miami on Sept. 20-23 to discuss these possibilities. Yieldcos, crowdfunding or peer-to-peer (p2p) markets, and property-assessed Read more…
Ygrene Energy Fund Florida, a leading provider of commercial and residential property upgrade programs for Floridian governments, announced that it has formed a strategic joint venture with EcoAsset Energy Solutions, a subsidiary of Lykes Bros. Inc., a 100-year old local, Read more…
The Texas House and Senate passed Senate Bill 385 in May. If Governor Rick Perry approves the bill, the state will break new ground by developing plans for commercial and industrial property assessed clean energy (PACE) programs. This bill will Read more…
It seems that soap operas did not, in fact, go away after the 80s. Because the ongoing saga of efforts to establish Property Assessed Clean Energy (PACE) financing programs play like an energy wonk’s version of ‘As the World Turns’. Read more…
Some bad news for PACE financing. As you may remember, after FHFA took action to stop residential PACE programs, a number of entities sued FHFA, claiming their action was not lawfully done. In a previous decision, the District Court for Read more…
Not so long ago the green energy movement celebrated because President Obama used words like ‘renewable energy’ and ‘climate change’ in his inaugural speech. It was a first for a US president. Now comes the downside of being a political Read more…
In the case of the federal government overreach on property assessed clean energy (PACE) financing — this overreach — Fannie, Freddie, and the FHFA (Federal Housing Finance Agency) took issue with the fact that the PACE lien on the property Read more…
Fannie Mae and Freddie Mac have already put a halt to many state clean energy and energy retrofit programs affectionately known as Property Assessed Clean Energy (PACE) or PACE like obligations. In July, California Attorney General and candidate for Governor, Read more…
By now, you’ve seen us talk plenty about PACE, the popular finance model that helps property owners overcome the upfront costs of green retrofits and boosts local job growth in the process. (In case you have missed it, welcome back, Read more…
PACE financing is one of those issues that has sweeping implications for clean energy adoption, but can be just so darn difficult to understand (see: net metering). If you can you believe it, the current acronym (PACE stands for Property Read more…