"This is an incredible time to join Ygrene, which recently achieved the industry's first AAA-rated PACE securitization, a critical validation and tipping point for PACE," said Fabiano. "Now, as I work closely with Stacey and the Ygrene team, we're in an enviable market position in which we are poised to scale quickly to serve demand from across the nation, offering the gold standard for innovative clean energy finance offerings today."
Prior to joining Ygrene, Fabiano served as President of Retail Solutions at publicly-held Qualcomm, Inc. and led the carve-out of Gimbal Solutions from Qualcomm before serving as Gimbal's President, CEO and Chairman.
"Rocco is exactly the right leader to grow Ygrene to the next level," said Lawson. "He has the rare combination of expertise in both large and entrepreneurial environments and a proven track record of scaling financial enterprises which will be a powerful force for Ygrene in our continued growth and national expansion. I'm thrilled to welcome Rocco to the CEO post."
Dennis Hunter, Ygrene's founder and Chairman added, "We share the same vision for Ygrene—to build and grow Ygrene's leadership position in the PACE market—and we're pleased to be entering this next phase of growth with Rocco."
About Ygrene Energy Fund
Ygrene Energy Fund is the nation's leading provider of residential, multifamily and commercial property assessed clean energy financing. The award-winning, privately funded YgreneWorks program provides immediately accessible financing with no upfront payments for energy efficiency, renewables, water conservation, and, in certain areas, hurricane protection, electric vehicle charging stations and seismic upgrades. Ygrene is committed to making it easy for property owners 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 billions of dollars into local economies. Learn more at ygreneworks.com.