PACE activity picks up with Ygrene deal

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By Sasha Padbidri
05 Apr 2018

Ygrene Energy Fund is in the market with its first Property Assessed Clean Energy (PACE) securitization of 2018, a week after PACEfunding closed a debut deal.

Ygrene filed documents with the Securities and Exchange Commission for the upcoming securitization on Wednesday. Nomura is leading the deal, which is backed by a blended pool of residential and commercial PACE liens, according to the documents.

The PACE ABS pipeline saw little movement this year until March, ...

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