Healthier, Smarter and Cleaner Investments

Renew Financial

We make home improvements affordable

Renew Financial delivers innovative financing tools for renewable energy and energy efficiency installations to residential and commercial property owners. Renew Financial is the industry leader in the turnkey administration of Property Assessed Clean Energy (PACE) programs.

Renew Financial News

Renew Financial Assigns Mark Floyd as CEO

“OAKLAND, Calif., May 11, 2020 /PRNewswire/ — Renew Financial, the inventor of Property Assessed Clean Energy (PACE) financing and a leading provider of financing for home improvements, today announced that Mark Floyd, currently a member of the Board at Renew Financial, will join the company as Chief Executive Officer (CEO) of the company. Mr. Floyd brings more than 40 years […]

{Renew Press Release} Renew Financial Elevates Financial Services Veteran Kirk Inglis to CEO

PACE Inventor Cisco DeVries Announces His Successor, Assumes New Role as Chief Innovation Officer OAKLAND, California, May 31, 2018 — Renew Financial, the inventor of Property Assessed Clean Energy (PACE) financing and a leading provider of financing for home improvements, today announced that Kirk Inglis, currently Renew Financial’s Chief Financial Officer (CFO), will succeed Cisco […]

{Renew Financial Press Release} DBRS Releases New Report Showing “Very Low” Residential PACE Delinquency Rates, Consistently Below Those of All Homeowners

Statement by Renew Financial CEO Cisco DeVries on New PACE Data from Leading Credit Ratings Agency OAKLAND, Calif., Feb. 22, 2018 – Today, the DBRS credit ratings agency released a new report that shows delinquency rates for residential Property Assessed Clean Energy (PACE) properties in California are “very low” and consistently below the overall property […]

{Bloomberg Business} Republican Texas Bows to Berkeley in Backing Energy Finance Plan

(Bloomberg) — Jim Keffer is Republican state lawmaker in Texas with a permit to carry a concealed weapon and doubts about whether human activity is causing global warming. Cisco DeVries is the former aide to the mayor of Berkeley, California, whose home has solar panels on the roof and a Nissan Leaf in the driveway. […]

Renewable Funding Named One of Most Innovative and Promising Clean Tech Companies in the World

Renewable Funding, a clean energy finance company, today announced it was named in the prestigious 2014 Global Cleantech 100, which recognizes companies from around the globe for the most “innovative and promising ideas in cleantech.” The list is compiled by Cleantech Group and highlights companies that are best positioned to solve tomorrow’s clean technology challenges […]

{GreenTechMedia} Can SolarCity Crack the Code on Small Commercial Solar?

When it comes to solar installations on small and medium-sized businesses (SMBs), the 30-kilowatt to 500-kilowatt range has been a no-man’s land for solar installers. According to Lyndon Rive, SolarCity’s CEO, it’s been “difficult to service this market cost-effectively,” despite the SMB market being “bigger than the large commercial business market.” The CEO notes that many commercial […]

{White House} FACT SHEET: Administration Announces New Initiative to Increase Solar Access for All Americans

The Obama Administration is committed to addressing climate change, promoting clean energy, and creating good paying jobs.  That is why the Administration is announcing a new initiative to increase access to solar energy for all Americans, in particular low- and moderate- income communities, while expanding opportunities to join the solar workforce. Last year, the United […]

{Forbes} Renew Financial Raises $70 Million As Building Efficiency Surges Again

Buildings are back. Renew Financial, which specializes in PACE (or Property Assessed Clean Energy) financing and other building energy efficiency programs, announced it has raised $70 million in Series D financing. Participants in the round include Angeleno Group, Apollo Capital Management, Claremont Creek Ventures, LL Funds, Inc., NGEN Partners, and Prelude Ventures. Some of the […]

{Renew Financial} Seton Medical Center (Daly City, CA)

{MorningStar} ABS Research – PACE Regulatory Roadmap — California Laws Promote Consumer Protections

February 2018  Morningstar Perspective As property assessed clean energy programs have expanded across the U.S., the industry has come under increasing scrutiny regarding consumer protections. California, the location of PACE’s birthplace, is the first state to pass legislation aimed at increasing consumer protections. Morningstar Credit Ratings, LLC believes that the California measures, which include regulatory […]

Company Type: Digital Sustainability

Invested: 10/27/2009

NGEN Team Member: Peter Grubstein