LOS ANGELES — A program that uses bond financing to help commercial real estate owners finance energy retrofits on their properties took another stride forward as one of the leaders in the California industry placed a second $809,000 private placement bond.

Figtree Energy Financing released information Wednesday morning about the bond financing through a Property Assessed Clean Energy, or PACE, program that funds seven energy efficiency and renewable energy improvements in Fresno and Palm Springs.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.