We knew that homeowners and commercial building owners were unable to access this type of financing without going through a registered PACE provider. So, we partnered with Ygrene, who is currently the only provider with AAA paper, and is also the only approved PACE provider for the 15,000 buildings that are required to be earthquake retrofitted under the 2015 City of Los Angeles mandate.
Ygrene Energy Fund is the nation’s leading provider of residential, multifamily and commercial property assessed clean energy financing. The award-winning, privately funded YgreneWorksTM program provides immediately accessible financing with no upfront payments for energy efficiency, renewable energy, and, in certain areas, water conservation, wind and storm protection, electric vehicle charging stations and seismic upgrades. Ygrene is committed to making it easy for people to invest in their future and a healthier environment. Over the next five years, YgreneWorks is expected to create tens of thousands of jobs and invest several billion dollars into local economies.