© 2026 Arizent. All rights reserved.
A Miami-based alternative asset manager is pooling PACE bonds acquired from Renovate America and program issuers in three states in a $63M transaction backed by property clean-energy assessments.
Deals, trends and research in structured finance and asset-backed securities for the week of Feb. 12-18
Neuberger Berman’s new CLO will map credits to UN targets that aim to drive international progress toward action on climate, equality and poverty by 2030.
Environmental, social and governance issues topped the list of risk managers’ concerns in a Deloitte poll .
Utilities earn a regulated return on investment in new stuff, so there are quantifiable gains to be made on greening their asset base.
The former property-assessed clean energy program administrator plans to sell off assets via Chapter 11, but PACE securitizations through its bankruptcy-remote trusts will continue to be backed by homeowner ad valorem assessments.
The issuer included a record volume of loans in the collateral pool for a solar securitization.
The European Union's first social bond sale, totaling 17 billion euros, was 14 times oversubscribed, meaning the EU could have sold 200 billion euros worth of bonds. That indicates a market that’s structurally underserved.
HSBC, Bank of the West and Fannie Mae are among those offering green mortgage bonds, financing commercial clients’ efforts to rein in carbon emissions and developing other novel products that help customers tackle environmental challenges.
The New York-based firm, which oversees about $6.5 trillion of assets, said in a research note Monday that 88% of sustainable indexes did better than their non-sustainable counterparts in the first four months of 2020.
ABS investors who have previously needed only to know an asset was excluded from verboten classes like tobacco, oil and gas or firearms are now pressing for details on how well an investment stacks up in the social and governance factors.
LibreMax Capital is launching its first ESG-compliant deal through its CLO firm Trimaran Advisors LLC.
Vague criteria and potential "greenwashing" complicate sustainable investments in securitizations, new research suggests.
Impact investing has long centered on environmental and social purpose, but governance could make huge strides as an ESG consideration in 2020.
