Greenworks Lending Announces $40 Million Corporate Investment From CarVal Investors
DARIEN, Conn., Dec. 5, 2018 /PRNewswire/ -- Greenworks Lending, a specialty finance company dedicated to commercial property assessed clean energy (C-PACE), today announced the closing of a corporate investment totaling $40 million from CarVal Investors.In addition, CarVal Investors has committed to provide Greenworks Lending with at least $250 million in capital to support the generation and funding of large-balance C-PACE assets.
- DARIEN, Conn., Dec. 5, 2018 /PRNewswire/ -- Greenworks Lending, a specialty finance company dedicated to commercial property assessed clean energy (C-PACE), today announced the closing of a corporate investment totaling $40 million from CarVal Investors.In addition, CarVal Investors has committed to provide Greenworks Lending with at least $250 million in capital to support the generation and funding of large-balance C-PACE assets.
- Two of CarVal Investors' investment strategies include commercial real estate credit and renewable energy.
- "They are industry founders and leaders with a proven platform and we are excited about the opportunity for CarVal to support the growth of Greenworks Lending."
- "CarVal's investment in Greenworks comes at an exciting moment for Greenworks Lending and the industry as a whole.