US Pace securitization market primed to explode

By Steven Gilmore
17 Sep 2015

Issuance of property assessed clean energy (Pace) loan securitization is set to “explode,” according to industry figures.

Over $100bn of Pace loans will be originated in the US this year, according to Cisco DeVries, chief executive officer at Renewable Funding. “We’ve created something pretty remarkable that has escaped some of the partisan gridlock and other policy challenges that we often run into,” he said.

The ...

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