Ygrene Energy Fund Partners With FNF Green LLC to Accelerate Energy
Upgrade Financing
SANTA ROSA, Calif.,
Nov. 13, 2012 /PRNewswire/ -- Ygrene
Energy Fund, a leading provider of clean energy finance programs
for local governments, today announced a strategic partnership with
FNF Green LLC, the environmental branch of Fidelity National
Financial, Inc., one the nation's largest providers of title
insurance and diversified real estate services. Under the
partnership, FNF Green LLC will power the Ygrene Data Report, an
automated, web-based administrative platform that qualifies
property owners for Ygrene's energy upgrade financing programs in
seconds. As a result, the partnership will create the fastest
energy upgrade financing process available and greatly expand
access to energy upgrade financing.
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The Ygrene Data Report instantly populates title and financial
data from FNF Green LLC for every property in Ygrene's clean energy
financing districts, ensuring that properties meet the program's
underwriting guidelines. The report enables property owners to
quickly finance loans and contractors to easily qualify projects,
while Ygrene's state-of-the-art software allows government staff to
monitor their energy upgrade financing programs via web, mobile
device or in person at Ygrene Energy Centers. The automated system
will be available nationally, quickly providing critical
information necessary to pre-qualify and approve properties for
Ygrene's energy upgrade loans that are repaid through property
taxes.
"This exclusive partnership combines our deep property
information resources with Ygrene's powerful energy upgrade
financing program, marking a great step forward for energy upgrade
financing," said Michele Skupic,
Vice President and National Sustainability Director of FNF Green
LLC. "Making all relevant information immediately available online
will dramatically expand participation for property owners and
contractors, and will continue to bring these groundbreaking
programs to the mainstream."
By entering their address into the Ygrene Property Report,
property owners can instantly see the exact amount of available
financing to install energy and water efficiency upgrades,
renewable energy and, in Florida,
wind protection projects. Data provided by FNF Green LLC also
enables contractors to quickly pre-qualify their customers,
simplifying the process and accelerating clean energy adoption.
Each $100M invested in Ygrene
energy upgrade financing programs creates 1,500 jobs and
$250M in economic activity, while
boosting property values and reducing energy costs.
"Ygrene is committed to making it as easy as possible to invest
in energy efficiency upgrades," said Dennis
Hunter, Ygrene Chairman. "On top of impressive energy
savings and property value enhancements provided by our program,
access to FNF Green LLC's extensive data offerings eliminates any
wait time for property owners to get started. Strategic
partnerships like this are critical to expanding access to energy
upgrade financing programs—and delivering tremendous economic value
to communities that need them now."
About Ygrene Energy Fund
Ygrene Energy Fund is the
leading developer and administrator of clean energy finance
programs throughout the US. Ygrene has unlocked $550 million of private funding for affordable,
immediately accessible financing for commercial and residential
energy upgrades at no upfront costs. Over the next five years,
Ygrene-funded renewable energy and efficiency programs are
projected to create tens of thousands local jobs, invest millions
in local businesses and drive massive reductions in greenhouse
gasses. Learn more at ygrene.us.
About FNF Green LLC
Fidelity National Financial, Inc.
(NYSE:FNF), is a leading provider of title insurance, mortgage
services and diversified services. FNF is the nation's largest
title insurance company through its title insurance underwriters -
Fidelity National Title, Chicago Title, Commonwealth Land Title and
Alamo Title - that collectively issue more title insurance policies
than any other title company in the
United States.
In addition to our title insurance
operations, ServiceLink, and other operations, FNF owns
minority interests in Ceridian Corporation, a leading provider
of global human capital management and payment solutions,Remy
International, Inc., a leading designer, manufacturer,
remanufacturer, marketer and distributor of aftermarket and
original equipment electrical components for automobiles, light
trucks, heavy-duty trucks and other vehicles and American Blue
Ribbon Holdings, LLC, an owner and operator of the
Village Inn, Bakers Square and Max & Erma's
restaurants.
FNF Green LLC can be found at www.fnfgreen.com.
SOURCE Ygrene Energy Fund