Green Bond Fact Sheet

This fact sheet details a USD 104 million C-PACE ABS issued by CleanFund on July 31, 2018, which is the second C-PACE securitisation globally.

• CleanFund issued a C-PACE ABS totaling USD 104 million on July 31, 2018, with a maturity date of October 20, 2052, and a tenor of 34 years. The bond received a AAA credit rating from DBRS.
• The proceeds of the bond are secured by an initial pool of 82 PACE Assessments of commercial properties located in California (45), Connecticut (31), Missouri (3), Colorado (1), Ohio (1), and Texas (1). These assets have a weighted-average original term of 22.9 years and a weighted-average annual interest rate of 6.19%.
• The Climate Bonds Initiative identifies this as the second C-PACE ABS globally, following a private placement by Greenworks Lending in 2017.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-07%20US%20CleanFund.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-07%20US%20CleanFund.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=31 July 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-07%20US%20CleanFund.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2018-07%20US%20CleanFund.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }