Ygrene Energy Fund

Company profile

Ygrene Energy Fund company profile

Ygrene is an industry leader in residential and commercial energy efficiency and resiliency project financing. Founded in 2010, Ygrene’s Property Assessed Clean Energy (PACE) program continues to revolutionize the property improvement industry, making it easier for property owners to invest in their futures and a healthier environment. Ygrene is delivering a greater option for home and business owners by providing accessible and affordable financing for energy efficiency, renewable energy, and storm protection. Recognized as one of the fastest growing asset classes in the country, PACE has proven to be a successful tool for supporting public policy initiatives, all without the use of public tax dollars or credits. To date, Ygrene has funded over 125,000 projects with total fundings over $3.2 billion creating thousands of jobs and investing millions into local economies. While PACE programs are enabled by state legislation and must be approved by local governments, PACE is not a government sponsored program and there is no government assistance available to pay the assessment. Since Ygrene’s inaugural securitization issuance in 2016, Ygrene has consistently completed 1-2 securitizations per year. As a leading provider of property improvement finance, Ygrene is consistently pioneering innovative strategies to propel company expansion.