News
Renew Financial Closes Sale of $160 Million in Residential PACE Assets to Amalgamated Bank
Today, Renew Financial announced the sale of $160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs of renewable energy, safety, and energy efficient home improvements at a fixed interest rate with flexible repayment terms.
Amalgamated Bank (NYSE: AMAL) announced today that it has entered into an agreement with Invesco to become a sub-adviser for Amalgamated’s Investment Management business.
New Columbia Solar ("NCS"), a commercial solar developer and operator in Washington, DC, today announced the closing of a $25M loan facility to support the financing of over $50M of solar photovoltaic projects in Washington, DC.
Bank Director recently featured Amalgamated Bank in their magazine about our 96 year history and our mission to support socially responsible companies and progressive causes.
As part its ongoing leadership in social responsibility and sustainability, Amalgamated Bank (Nasdaq: AMAL) today unveiled a series of major steps in advancing its commitment to a more sustainable world.