Stable Outlook for PACE in 2021
DBRS Morningstar believes the commercial property assessed clean energy (C-PACE) market will grow in 2021, on the heels of unexpectedly positive origination in the latter half of 2020. At the onset of the Coronavirus Disease (COVID-19), market participants were concerned that PACE assessment volume would decline. At first, there was an initial pause in origination activity. However, the pandemic accelerated interest in PACE as both residential and commercial property owners sought ways to finance energy renewal, energy efficiency, and resiliency improvements instead of paying for it all in one lump sum.
DBRS Morningstar is a global credit ratings business with 700 employees in eight offices globally. DBRS and Morningstar Credit Ratings are committed to empowering investor success, serving the market through leading-edge technology and raising the bar for the industry.
Together, we are the world’s fourth largest credit ratings agency and a market leader in Canada, the U.S. and Europe in multiple asset classes. We rate more than 2,600 issuers and 54,000 securities worldwide and are driven to bring more clarity, diversity and responsiveness to the ratings process. Our approach and size provide the agility to respond to customers’ needs, while being large enough to provide the necessary expertise and resources. For more details visit us at dbrs.com.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.