GoodGreen Trust 2020-1: Rating Report
Property Assessed Clean Energy (PACE)Summary
DBRS, Inc. (DBRS Morningstar) finalized its provisional ratings of AAA (sf) on the Class A Notes, AA (sf) on the Class B Notes, and BBB (sf) on the Class C Notes (collectively, the Notes) issued by GoodGreen Trust 2020-1 (the Issuer or the Transaction). The Transaction represents the first securitization completed by Ygrene Energy Fund Inc. (Ygrene or the Company) in 2020 and the ninth overall from Ygrene’s “GoodGreen” platform since 2015. The Notes are expected to receive a Green Bond rating based on the Green Bond Principles published by the International Capital Market Association.
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