Renew Financial is one of the nation's leading clean energy financing companies. Founded in 2008 by Cisco DeVries, who created the concept of the Property Assessed Clean Energy (PACE) financing model, now provides multiple financing products across the U.S. PACE -- which was endorsed by President Obama and named by Scientific American as one of the top 20 ideas that can change the world -- enables property owners to finance the entire cost of energy and water efficiency and renewable energy upgrades to their homes and businesses, and then repay those costs on their property tax bill. Renew Financial's other financing products include residential unsecured loans (ReHome), utility on-bill financing, and others.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
02/11/16 | $70,000,000 | Growth |
Angeleno Group Apollo Capital Management Claremont Creek Ventures LL Funds NGEN Partners Prelude Ventures | undisclosed |
05/19/16 | undisclosed |
Braemar Energy Ventures | undisclosed |