Banc of California eyes commercial PACE market

Sasha Padbidri

May 04, 2017 06:30 PM

rooftop_solar_AP_230x150 — FILE - In this March 23, 2010, file photo, installers from California Green Design install solar electrical panels on the roof of a home in Glendale, Calif. The Obama administration is boosting the development of solar and wind energy on public lands. A final rule announced by the Interior Department on Thursday, Nov. 10, 2016, would create a new leasing program on public lands and encourage development in areas where it would have fewer effects on the environment. (AP Photo/Reed Saxon, File) | Reed Saxon/AP

Banc of California is eyeing a move into the Property Assessed Clean Energy (Pace) market, looking to provide funding for the growing commercial Pace sector.

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Sasha Padbidri