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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.
New Columbia Solar and Amalgamated Bank Close $25M Loan to Support DC Solar
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.
We'll always have Paris
The U.S. federal government has announced its intention to pull the United States out of the Paris Climate Agreement. Bad idea, sure, but maybe not the monumental setback in the fight against climate change that is feared by so many.
Environmental protection: Now a private sector responsibility
Even as we have worked to address climate change over the past decade, it is clear that even our most ambitious goals are not enough to stop dangerous climate trends.