Athene (ATH) Acquires Petros PACE Finance
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Athene to Acquire Petros PACE Finance, a Leading Provider of Commercial Property Assessed Clean Energy (C-PACE) Financing
December 20, 2021 8:30 AM ESTNEW YORKÂ and HAMILTON, Bermuda, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (NYSE: ATH) ("Athene"), an industry-leading financial services company focused on retirement savings solutions, today announced it has entered into a definitive agreement to acquire Petros PACE Finance, LLC (Petros PACE Finance or the Company), a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing to owners and developers of commercial properties throughout the United States.
Since 2016, Petros PACE Finance has originated over $700 million in long-term, fixed-rate financing for energy efficiency, water efficiency, renewable energy and resiliency projects. C-PACE financing... More
