Ygrene Energy Fund has emerged with its long-anticipated first securitization of Property Assessed Clean Energy (PACE) bonds that finance residential and commercial energy efficiency improvements and upgrades.

The $184.3 million GoodGreen 2016-1 Trust is the first asset-backed public offering by the Santa Rosa, Calif.-based company,  since its founding in 2010 to finance bonds through the national PACE program that helps homeowners and business in three states finance solar panel upgrades and other green initiatives to their properties.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.