Podcast: The PACE Program - What Changes May Be Coming Soon? - Diagnosing Health Care
Regardless of arguments as to its cause, climate change is real and its negative effects on health and the environment are evident. And although there exist legal directives that certain businesses must meet to increase...more
Property Assessed Clean Energy (“PACE”) has been maturing into a distinct asset class over the last decade. Foley has been involved in PACE since its early days, from highlighting the three early models program developers...more
Focus - State power grid expansion bill on hold while costs are debated - THE SAN DIEGO UNION-TRIBUNE - Aug 13 The bill to expand the state power grid was placed on hold Monday so lawmakers can digest the acknowledged...more
• The California Energy Commission voted unanimously on May 9, 2018, to require solar panels on all new single-family homes and apartment buildings that are three stories or less starting in 2020. • The new regulations...more
Question: Borrower has requested the consent of lender with respect to the following: (1) the construction and installation of a new solar system to be installed on the roof at the collateral property to provide electricity...more
Sustainable Development Focus - Trump administration reverses course on PACE financing - Greentech Media - Dec 27 In December, federal housing officials erected a new hurdle for residential property-assessed clean...more
Sustainable Development Focus - Cal State Long Beach adds solar panels on campus - Long Beach Post - Sep 15 - To advance toward a goal of carbon neutrality on campus by 2030, Cal State Long Beach (CSULB) recently...more
Sustainable Development Focus - Commercial office space green building on rise - Proud Green Building - Jul 21 - Green building in commercial office space continues to grow, according to a new CBRE study. The...more
Below are soundbites from speakers and panelists who spoke at Infocast’s Solar Power Finance & Investment Summit on March 22 and 23 in San Diego. It was Infocast’s best attended event ever, and the mood was relatively...more
“PACE” – Is it the new buzzword? Lately, it seems I keep hearing about securitizations backed by PACE financings. What is a PACE financing program, and what is happening in the securitization market?...more
Sustainable Development Focus - Kaiser Permanente buys 110 MW of solar - Solar Industry Magazine - Nov 10 - Taking another step toward achieving its goal of using 100% renewable energy by 2025, Kaiser...more
After closing the book on the formal sessions in July, Massachusetts lawmakers have turned their attention to the November election. The Senate and House of Representatives convene in informal sessions for the remainder of...more
Sustainable Development Focus - CleanFund finances $3.5M for California projects - Bisnow - Sep 19 - San Francisco-based CleanFund closed six transactions in California totaling about $3.5 million. Property...more
The Federal Housing Administration (FHA) has announced guidance intended to clarify circumstances under which residential properties encumbered by a Property Assessed Clean Energy (PACE) special assessment would be eligible...more
Renewable Energy Focus - California utility-scale solar beat wind for first time in 2015 - Solar Industry Magazine - Apr 28 - In 2015, energy from grid-connected, utility-scale solar plants surpassed that from...more
On Thursday, September 10, The New England Clean Energy Council (NECEC) hosted its third annual Legislative Roundup. The event brought together clean energy advocates and technology developers from around the Northeast to...more
On August 24, President Obama directed the Federal Housing Administration (FHA) to allow homeowners to purchase and refinance properties with Property Assessed Clean Energy (PACE) loans when those loans are subordinated to an...more
President Barack Obama announced on August 24, 2015, additional steps taken to increase the adoption of renewable energy. Among other things, the set of executive actions announced on Monday include making $1 billion in...more