Published on December 3rd, 2015 | by Roy L Hales
December 3rd, 2015 by Roy L Hales
Originally published on the ECOreport
Since 2011, Renovate America has financed more than $1 billion in home improvements through its HERO program. This is a significant investment which is paid back over twenty years. Thus it is not surprising to read about Renovate America’s 5th securitization of PACE bonds.
Plans For 2016
“We have worked over the last three years to establish a proven asset class with PACE bonds. Now, we can also clearly demonstrate to investors the positive social and environmental impact of PACE improvements and their capacity to create clean energy jobs in local communities,” said CEO J.P. McNeill.