Set the PACE St. Louis

Bringing Missouri PACE to the capital markets for investment has completed the circle on this exciting and innovative financing tool.

"Ygrene has a longstanding history of issuing some of the most diversified PACE transactions in the industry. GoodGreen 2019-2 is comprised of a portfolio of small-balance commercial and residential PACE assets in California, Florida, and Missouri. Its notes had the lowest Class A interest rate of any PACE asset-class securitization, with its 2.76 percent rate far below the previous-low rate of 3.10 percent.

Through public-private partnerships, PACE has become a crucial engine for spurring local economies and a reliable source for local lawmakers to grow their tax base at no cost to municipal budgets. Through PACE, Ygrene has helped create more than 32,000 jobs, injecting more than $1.7 billion into local economies, according to a report from the University of Southern California Schwarzenegger Institute for State and Global Policy. USC's Schwarzenegger Institute also found that Ygrene has helped homeowners save more than $1.2 billion in lifetime insurance premium savings, as well as another $1.2 billion in lifetime utility bill savings. Ygrene and PACE are also playing a crucial role protecting our environment, reducing lifetime CO2 emissions by more than 1.7 million metric tons and conserving more than 3.4 billion gallons of water.

Ygrene Completes $315 Million Securitization Of PACE Assets /PRNewswire/ -- Ygrene, the nation's leading Property Assessed Clean Energy (PACE) provider, today announced the completion of a $315 million securitization...