Resumen de First PACE ABS offers lower risk green investment
The article reports on the first securitizations of commercial property assessed clean energy (PACE) bonds issued by the Clean Energy and Finance Authority (CEFIA) in a deal with specialty finance firm Clean Fund and which opened a lower risk alternative for funding energy efficient property developments. It states the difference of the structure of the PACE securitizations from the power purchases agreements (PPA). Also discussed are the technical issues in securitizing PPA-type loans.
