Green ABS ripens with PACE secondary growth

Resi solar fotolia 230x150
By Sasha Padbidri
07 Dec 2017

An active secondary market has sprouted in the residential Property Assessed Clean Energy (PACE) ABS sector after two years of watershed growth. A growing volume of tradeable assets is expected in 2018. But the outlook is not so rosy for every area of green securitization, writes Sasha Padbidri.

Meanwhile in solar ABS, primary deal volume could remain limited until the challenge of securitizing commercial and industrial-scale solar assets can be cracked.

The residential PACE ABS sector is a fast growing corner of secondary market dealflow in esoteric ABS. According to data provided by industry insiders, the first ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial