PACENow Names Initial Board Of Advisors


PACENow, a nonprofit focused globally on accelerating energy-efficiency upgrades to buildings through Property Assessed Clean Energy financing, has announced the appointment of its initial board of advisors.

PACENow was founded to be the central driver of the development of the PACE industry, with a major focus on being a repository for critical information to start programs, organizing webinars and conferences to educate potential market participants, and working with the financial service industry to develop best practices to help the asset class reach scale, the organization says.

The initial board includes Beau Engman, vice president of commercial energy solutions at Johnson Controls Inc.; David Gabrielson, executive director of PACENow and former municipal finance investment banker; Ashok Gupta, director of energy policy and senior energy economist at the Natural Resource Defense Council; Jigar Shah, the founder of SunEdison and CEO of Richard Branson's Carbon War Room; and Jeffrey Tannenbaum, the founder of PACENow and Fir Tree Partners, a private investment firm.

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