PACE Industry’s first AAA-rated issuance recognized in U.S.
Securitization Awards

PETALUMA, Calif.–(BUSINESS WIRE)–Ygrene Energy Fund, a leading national provider of residential,
commercial and multifamily PACE (property assessed clean energy)
financing, was recognized today as “Esoteric ABS Issuer of the Year” by
GlobalCapital’s U.S. Securitization Awards. The publication, a leader in
capital markets news and analysis, further recognized Ygrene’s GoodGreen
2016-1 security as “Esoteric ABS Deal of the Year,” highlighting the
first-of-its-kind, AAA-rated, Green Bond-certified PACE securities as
unique within the industry.

“With these two awards, we are honored to be recognized by
GlobalCapital,” said Rocco Fabiano, CEO of Ygrene Energy Fund. “At
Ygrene, we are committed to building our PACE program, so that every
homeowner can gain access to affordable, eligible home improvements. The
PACE industry has reached a critical growth inflection point, and we are
encouraged by continued mainstream interest. As demand continues to
grow, we remain dedicated to providing the highest quality of consumer
protection and overall excellence in service.”

The two awards come on the heels of Ygrene’s latest publicly-rated
securitization, which was the company’s first in 2017. This security
totaled $176.5 million, with the ‘A’ notes rated AAA/AA and the ‘B’
notes A/A, by Morningstar and Kroll, respectively. Based on its
reputation for transparency, asset diversity, and high quality
underwriting, Ygrene also recently announced the expansion of its credit
facility to $410 million.

Kevin Dougherty, US Publisher of GlobalCapital, commented, “At
GlobalCapital, we are constantly on the look-out for the most innovative
financing mechanisms and those that are at the center of investor
conversations. Ygrene is setting the standard for this fast-growing
sector of consumer financing and we all look forward to its continued
growth.”

Following months of public voting, peer review amongst investors and
extensive analysis by the GlobalCapital editorial team, Ygrene Energy
Fund was selected to join past winners in the ABS category, which
includes such companies as Ford Motor Credit, Toyota, and Barclays.
Ygrene is the first PACE provider to ever receive this type of
recognition.

“We look forward to bringing homeowners the highest standards in
financing for the variety of improvement projects that increase energy
efficiency,” said Fabiano.

About Ygrene Energy Fund

Ygrene Energy Fund is a leading national provider of residential,
multifamily and commercial property assessed clean energy financing. The
award-winning, privately-funded YgreneWorks program provides financing
for energy efficiency, renewables and water conservation as well as, in
certain areas, hurricane protection, electric vehicle charging stations
and seismic upgrades. Ygrene is committed to making it easy for property
owners to invest in their future and in a healthier environment. The
YgreneWorks program creates jobs by investing in local communities and
enabling state governments to achieve policy objectives. Learn more at
ygreneworks.com.

Contacts

Ygrene Media:
Sloane & Company
Nicolle Gallo / Joe
Germani
212-446-1866 / 212-446-1899