Ygrene ups warehouse facility to $510 million, adds Natixis as lender

By Sarah Lizee

Olympia, Wash., July 18 – Ygrene increased its warehouse credit facility to $510 million and added Natixis as a new member of its lending syndicate, according to a press release.

Natixis joins existing lenders Deutsche Bank, SunTrust Robinson Humphrey, Inc., Nomura Corporate Funding Americas, LLC and CIT Bank.

"Teaming with Natixis will increase Ygrene's ability to deliver quality PACE financing and strengthen communities across the country," Tim Condon, chief financial officer at Ygrene, said in the release.

"With a cadre of sound investors, Ygrene not only diversifies its lending capacity, but broadens its mission to help more homeowners make critical improvements to their property, invest in their futures and improve our environment."

Ygrene is a Petaluma, Calif.-based provider of residential and commercial energy efficiency and resiliency project financing.

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