Cisco DeVries is Founder and CEO of Renew Financial Group LLC, a leading provider of Property Assessed Clean Energy (PACE) financing for energy- and safety- related upgrades to homes and businesses. PACE enables local governments and communities across the U.S. to use private financing to make crucial residential and commercial property upgrades.
Invented by Mr. DeVries, PACE has been used to finance more than $5 billion in property improvement projects across the country. PACE was named one of the top 20 “world-changing” ideas by Scientific American magazine.
Renew Financial, which Mr. DeVries founded in 2008, provides PACE financing in states from California to Florida. Renew Financial has financed nearly 100,000 home improvement projects. Together, these projects reduce polluting greenhouse gas emissions by more than 900,000 metric tons. The company regularly accesses the institutional capital markets through rated securitizations and other transactions.
Prior to founding Renew Financial, Mr. DeVries spent 15 years in politics and policy
in several public and private sector roles.