With More Than $1B in Approved Applications for 21,000+ homes and $300M in Completed Contracts, Ygrene Continues Rapid Growth as PACE Market Leader
February 12, 2016
Ygrene Energy Fund Inc., the leading multi-state provider of residential and commercial PACE financing, today announced it has reached more than $1 billion in approved applications and $300M in closed contracts for energy efficiency, water conservation and renewable energy projects. With an 800% year-over-year increase in applications, Ygrene is providing unprecedented access to clean energy and climate resilience upgrades through its zero upfront cost financing program, YgreneWorksTM. As a result, the award-winning program will reduce carbon emissions and save property owners across the nation upwards of $600 million on their utility bills over the life of the improvements—energy savings equal to powering nearly 300,000 homes for one year.