M&A wave to strengthen PACE securitization

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By Jennifer Kang
27 Jan 2021

Property Assessed Clean Energy (PACE) lenders are starting to hear rumblings of consolidation, a sign of a maturing industry. The mergers and acquisitions are expected to leave a smaller number of stronger national players to roam the market.

Looking back, 2020 was a substantial and positive year for PACE lenders, sources said, particularly for the commercial side. Even before Joe Biden was expected to take over, C-PACE was enjoying several tailwinds, such as a growing focus on ESG investments from investors and home improvements from ...

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