News | February 16, 2017

City Of Berkeley Chooses YgreneWorks To Finance Energy Efficiency, Renewable Energy And Water Conservation Upgrades

Berkeley property owners join 23M+ other Californians with access to millions in financing for safe, affordable clean energy and climate resiliency upgrades

Santa Rosa, CA /PRNewswire/ - Berkeley welcomed Ygrene Energy Fund's award-winning YgreneWorks™ PACE (property assessed clean energy) program to help home and business owners finance a broad range of energy efficiency, renewable energy and water conservation upgrades. To date, Ygrene has been selected by 320+ cities and counties across California and Florida, making it the nation's leading multi-state residential and commercial PACE provider.

YgreneWorks for Berkeley
Berkeley joins 46 fellow Bay Area cities in adopting Ygrene's PACE program and, in doing so, continues Ygrene's rapid expansion in the region and state, owing to its strong commitment to customer protections and service excellence. With nearly $26M in completed projects throughout cities in the Bay Area, YgreneWorks is enabling property owners in the region to install eligible upgrades such as solar systems, energy efficient windows and doors, heating and air conditioning, cool roofs, and more.

"By bringing this program to Berkeley, we look forward to increasing access to residential and commercial energy efficiency and renewable energy projects," said Berkeley City Councilmember Kriss Worthington. "Ygrene's PACE program continues our city's long history of promoting sustainability, with the added benefit of saving property owners money, and increasing the value of their properties."

Reliable, Accessible Financing for 23M+ Californians
Ygrene is a leader when it comes to safe, transparent PACE financing with a high level of commitment to customer protections. From application through approval, construction, project completion and funding, Ygrene's customer protection policies ensure California's consumers are supported every step of the way through their contractor training and certification process, underwriting criteria, consumer disclosures, data security and senior protection policies. For more information, view or download Ygrene's Customer Assurance and Protections.

"As the nation's highest-rated PACE program, YgreneWorks has now opened access to critical property upgrades to over 23 million residents of the Golden State," said Rocco Fabiano, President and CEO of Ygrene Energy Fund. "We are proud to have Berkeley join nearby service areas throughout the Bay Area, as well as 224 other California communities of home and small business owners benefitting from Ygrene's innovative clean energy financing."

About Ygrene Energy Fund
Ygrene Energy Fund is the nation's leading provider of residential, multifamily and commercial property assessed clean energy financing. The award-winning, privately funded YgreneWorks program provides immediately accessible financing with no upfront payments for energy efficiency, renewables, water conservation, and, 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 a healthier environment. Over the next five years, YgreneWorks is expected to create tens of thousands of jobs and invest billions of dollars into local economies. Learn more at ygreneworks.com.

Source: Ygrene Energy Fund

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