As financing of energy-efficient projects through property assessments becomes more widespread, concerns and misconceptions regarding its use and oversight have become more common. Morningstar Credit Ratings LLC explores three misconceptions it has heard from market participants regarding the residential property assessed clean energy (PACE) sector.

Hillsborough County is close to creating a new way for property owners to pay for upgrades to make their homes or businesses more energy-efficient or hurricane-resistant.

The property-assessed clean energy (PACE) model is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property.

Ygrene, a provider of residential and commercial property-assessed clean energy financing, named Rocco Fabiano as CEO.

In a Ygrene Energy Fund press release, the company announced that its Ygrene PACE (property assessed clean energy) program has created 1,945 jobs in Florida.

For the last two years, renewable energy has been the largest source of new power generation, and the solar industry will have another banner year of growth, doubling capacity from 2015 with an expected 13.9 GW install base in 2016.

Santa Rosa’s Ygrene Energy Fund on Wednesday announced receiving a new investment of $95 million, bringing its total of public and private investments in the fourth quarter to $329 million.

Lightyear Capital LLC, private equity firm based in New York, today announced it has completed an investment of $95 million in Ygrene Energy Fund of Santa Rosa.

On December 21, PACE provider Ygrene Energy Fund, announced a $95 million investment from a fund affiliated with private equity firm Lightyear Capital LLC.