Ygrene working to roll out new financing tools for solar and energy storage upgrades
Written By: Stratton Report
June 28, 2016
On June 28, Ygrene Energy Fund, announced that newly appointed Mark Colby, general manager of solar and storage, will lead the effort to bring new, innovative financial products to the solar and energy storage markets as the PACE financing provider expands its award-winning YgreneWorks™ program nationally.
Colby noted: “My principal job at Ygrene is to provide property owners access to solar and energy storage funding solutions that enable them to achieve their energy, financial and environmental goals. Toward that end, we are creating innovative financial products to better meet a broader customer base. PACE has done a great job of funding residential solar, and, as the leading C-PACE provider, we see real value in delivering a wider range of high-quality financial options to both residential and commercial customers to more closely match their situations.”
As GM, Colby will lead the rollout of a new generation of Ygrene tools designed to accelerate the adoption of solar and storage.
Ygrene has more than $785 million in committed capital, and its YgreneWorks program has provided over $437 million in energy efficiency, renewables, water conservation and climate resiliency upgrades,
Stacey Lawson, CEO & President of Ygrene observed:
“As home and business owners continue to face volatile energy prices, solar and storage are just two of the wide range of solutions that can ensure predictable energy pricing. Under Mark’s guidance, we will continue to leverage our unique financial services DNA to bring innovative solutions to market that enhance our ability to offer ways in which property owners can conserve energy, save money and have peace of mind.”