Clean Fund Raises $60 Million In New Financing

SAUSALITO, Calif.--Clean Fund, a leading nationwide provider of property assessed clean energy (PACE) capital for commercial properties, announced today the closing of a series of transformational financings, totaling $60 million. The new capital was raised from both venture investors and a major investment manager to support growth in the firm’s nationwide commercial property financing platform. The financing enables Clean Fund to dynamically expand its capital base for years to come as the firm extends its leadership position in commercial PACE financing. Additional details of the transaction were not disclosed.