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INVESTMENT AND CAPITALIZATION
Clean Fund is a highly efficient user of equity due to the leverage available from
super senior tax lien financing.
• Outsourced origination sales team with vendors and outsourced billing and
collections with the tax collection system
• Clean Fund will purchase PACE bonds originated by itself and others first in CA
and then on a national basis.
• Bonds funded with a combination of bank debt, subordinated debt and equity
• Clean Fund will sell or securitize portfolios of loans and periodically recycle
capital
• Profit from fees, net margin on PACE loans, and premiums on the sale /
securitization of portfolios of PACE loans.
Clean Fund expects to close on $25 - 50 million of Subordinated Debt and $75 -
250 million of senior debt and will deploy up to $100m in the next 12-18 months
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