“OAKLAND, Calif., May 11, 2020 /PRNewswire/ — Renew Financial, the inventor of Property Assessed Clean Energy (PACE) financing and a leading provider of financing for home improvements, today announced that Mark Floyd, currently a member of the Board at Renew Financial, will join the company as Chief Executive Officer (CEO) of the company. Mr. Floyd brings more than 40 years […]

PACE Inventor Cisco DeVries Announces His Successor, Assumes New Role as Chief Innovation Officer OAKLAND, California, May 31, 2018 — Renew Financial, the inventor of Property Assessed Clean Energy (PACE) financing and a leading provider of financing for home improvements, today announced that Kirk Inglis, currently Renew Financial’s Chief Financial Officer (CFO), will succeed Cisco […]

Statement by Renew Financial CEO Cisco DeVries on New PACE Data from Leading Credit Ratings Agency OAKLAND, Calif., Feb. 22, 2018 – Today, the DBRS credit ratings agency released a new report that shows delinquency rates for residential Property Assessed Clean Energy (PACE) properties in California are “very low” and consistently below the overall property […]

(Bloomberg) — Jim Keffer is Republican state lawmaker in Texas with a permit to carry a concealed weapon and doubts about whether human activity is causing global warming. Cisco DeVries is the former aide to the mayor of Berkeley, California, whose home has solar panels on the roof and a Nissan Leaf in the driveway. […]

Renewable Funding, a clean energy finance company, today announced it was named in the prestigious 2014 Global Cleantech 100, which recognizes companies from around the globe for the most “innovative and promising ideas in cleantech.” The list is compiled by Cleantech Group and highlights companies that are best positioned to solve tomorrow’s clean technology challenges […]

When it comes to solar installations on small and medium-sized businesses (SMBs), the 30-kilowatt to 500-kilowatt range has been a no-man’s land for solar installers. According to Lyndon Rive, SolarCity’s CEO, it’s been “difficult to service this market cost-effectively,” despite the SMB market being “bigger than the large commercial business market.” The CEO notes that many commercial […]

The Obama Administration is committed to addressing climate change, promoting clean energy, and creating good paying jobs.  That is why the Administration is announcing a new initiative to increase access to solar energy for all Americans, in particular low- and moderate- income communities, while expanding opportunities to join the solar workforce. Last year, the United […]

Buildings are back. Renew Financial, which specializes in PACE (or Property Assessed Clean Energy) financing and other building energy efficiency programs, announced it has raised $70 million in Series D financing. Participants in the round include Angeleno Group, Apollo Capital Management, Claremont Creek Ventures, LL Funds, Inc., NGEN Partners, and Prelude Ventures. Some of the […]

February 2018  Morningstar Perspective As property assessed clean energy programs have expanded across the U.S., the industry has come under increasing scrutiny regarding consumer protections. California, the location of PACE’s birthplace, is the first state to pass legislation aimed at increasing consumer protections. Morningstar Credit Ratings, LLC believes that the California measures, which include regulatory […]