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The market for Property Assessed Clean Energy bonds in the US is booming, with $1.7 billion of issues last year. Joe Walsh investigates the secret to its success and explains why it is being rolled out in other countries.

Renovate America has received a $100 million loan from Credit Suisse to expand its unsecured energy efficiency and home improvement loan programme across the US.

The Centre for International Climate and Environmental Research Oslo (Cicero) was the biggest second opinion provider in the green bond market in 2016, but Sustainalytics is breathing down its neck after signing up more new business than any of its competitors.

Ratings agencies have weighed into the green bond market in the past year, adding to the raft of existing tools for assessing bonds. Where is this increasingly crowded marketplace heading, asks Peter Cripps

California-based Property Assessed Clean Energy (PACE) financing company Ygrene will issue a securitised PACE green bond every quarter, Environmental Finance can reveal.

Green bond issuance of almost $6 billion in September took the nine-month total for this year to $61.8 billion – more than twice the figure for the same period last year.

Renovate America, which helps finance energy efficiency projects on residential properties in California, has issued its eighth asset-backed security (ABS) under its HERO programme.

Renovate America has priced a $305 million asset-backed security (ABS), its largest ever securitisation.

A utility has returned to the green bond market, after pricing €1 billion ($1.1 billion) of notes, Environmental Finance has learned.

A firm that provides financing for US households to help them make energy and water efficiency upgrades aims to issue $1.3 billion of green-labelled asset backed securities (ABS) this year.