Nearly 12,000 Property Owners Embrace YgreneWorks, Florida’s Highest-Rated PACE Program, to Enhance Affordable, Energy Efficient Homes and Businesses

Ygrene delivers economic stimulus and sustained jobs in communities
throughout Florida

MIAMI–(BUSINESS WIRE)–Ygrene Energy Fund announced today that its YgreneWorks™ PACE (property
assessed clean energy) program is on track to provide affordable
financing to nearly 12,000 Florida property owners across Alachua,
Broward, Charlotte, Hillsborough, Marion, Miami-Dade, Orange, Palm Beach
and Pasco communities. Demand for PACE financing has continued to surge,
as property owners seek to make their homes safer and more energy
efficient. The YgreneWorks program has proven to residential and
commercial property owners that it is an essential part of Floridian
communities, allowing property owners peace of mind during hurricane
season while reducing energy and insurance costs, and combating the
effects of climate change – all with the highest customer protection
standards in the industry.

“I’m happy to see so many Florida property owners taking advantage of
Ygrene’s PACE financing to upgrade their homes and businesses,” said
Miami-Dade County Commissioner Jose “Pepe” Diaz, who sponsored
legislation approving Miami-Dade County’s partnership with Ygrene. “With
PACE, residents are making their homes more energy efficient, securing
their properties against hurricane damage and enhancing the value of
their homes. We are delighted with our partnership with Ygrene and feel
particularly grateful for Ygrene’s commitment to serve our
unincorporated residents.”

“Ygrene is gratified to be a preferred provider of this important and
valuable financing tool to so many Floridian property owners,” said
Ygrene CEO Rocco Fabiano. “PACE serves a critical need for so many
homeowners by allowing families to invest in energy efficient and safety
improvements on their homes in an affordable and safe process. We are
committed to the highest levels of customer protection and transparency
and look forward to our role in expanding this program across other
jurisdictions and communities in the months ahead.”

Florida Property Owners Build Strong Communities Through YgreneWorks

Ygrene is the most accessible form of PACE financing in Florida, helping
provide energy efficient HVAC, impact-resistant windows and doors,
solar, roofing, and insulation upgrades, improving buildings all over
the state. Nearly half of all projects financed are impact-resistant
windows and doors, as homeowners increasingly turn to PACE to respond to
the growing threat of hurricanes and protect their communities.

  • Ana Isabel Ceballos, Miami homeowner: “My single pane windows
    were a safety-nightmare for my family, but I didn’t have the funds to
    replace them. Thanks to Ygrene’s affordable financing, my family and I
    now have new impact windows; my house looks beautiful, my family feels
    safe, and I’m saving on my electricity bills.”
  • Adrian Avila, Homestead homeowner: “We got 28 impact windows
    installed, which would have been a lot of money upfront for this
    upgrade, but we were able to spread out the payment over 20 years
    using Ygrene. I’m incredibly grateful for the service Ygrene provided.”
  • Nidiana Allen, Coral Gables homeowner: “Coming home is an
    absolutely new experience thanks to the YgreneWorks program. With
    solar and efficient HVAC conserving energy, combined with savings on
    our insurance premiums, our sons are able to run in-and-out of the
    house to play without us having to worry about the impact on our
    energy bills.”
  • Jackson Rip Holmes, Coral Gables business owner: “Plain and
    simple, Ygrene’s PACE financing saved my business. My roof needed to
    be repaired, but I didn’t have the funds on-hand to replace it and my
    tenant was going to go on rent strike until I fixed it. Ygrene
    financing provided peace of mind in a hopeless situation and thanks to
    the insurance savings, these upgrades are almost paying for
    themselves.”

Leading Consumer Protection Policies Drive Demand

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 Florida’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. Ygrene
employs a property-owner-first philosophy, and not a single dollar is
spent, nor a project begun, until the customer has given their full
consent. To this end, all financing details are verified and thoroughly
explained through a personal phone call with the property owner,
ensuring that customers know exactly what is available to them. For more
information, view or download Ygrene’s Customer
Assurance and Protections
.

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.

Contacts

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