About Renew Financial
Renew Financial, founded in 2008, specializes in affordable financing for renewable energy and energy efficiency projects and is developing an array of financing products that will help move America toward a clean energy model.
Expert Collections containing Renew Financial
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Renew Financial is included in 2 Expert Collections, including Digital Lending.
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Latest Renew Financial News
Sep 7, 2023
News provided by Share this article Share toX OAKLAND, Calif., Sept. 7, 2023 /PRNewswire/ -- Renew Financial , the pioneer and a leading provider of residential Property Assessed Clean Energy (R-PACE) financing, proudly announces its remarkable achievement of the triple accolades for service excellence, which places the company at the forefront of its industry. This unparalleled recognition underscores Renew Financial's steadfast dedication to delivering unmatched value and experiences to its customers and employees. The company's relentless commitment to service excellence is reflected in the following achievements: Better Business Bureau Accreditation: Renew Financial's customer service center located in Roseville, CA, has earned the prestigious BBB Accreditation with an A+ rating , showcasing its unwavering commitment to integrity, transparency, and a track record of delivering exceptional customer experiences. This recognition places Renew Financial as a leading company in its industry that adheres to the highest standards of customer care. World-Class Net Promoter Score: Renew Financial has garnered a remarkable Net Promoter Score (NPS) that exceeds 80, a testament to its customers' loyalty and advocacy. Renew Financial's annual NPS came at an impressive 86 - 42 points higher than the average in financial services, according to the latest Customer Gauge publication . The NPS is a key indicator of customer satisfaction and loyalty, showcasing the company's ability to consistently surpass customer expectations and foster a loyal and engaged customer base. Great Place to Work Certification: Renew Financial has been certified as a Great Place to Work for the third consecutive year, underscoring its commitment to creating a positive and empowering workplace environment. This year, 96% of employees at Renew Financial said it is a great place to work compared to 57% of employees at a typical U.S.-based company . This certification reflects Renew Financial's dedication to its employees' well-being and growth and highlights how a satisfied and motivated workforce directly translates into outstanding customer experiences. "We are exceptionally proud to achieve the triple accolades and lead by example within the R-PACE industry," stated Renew Financial's CEO, Mark Floyd . "These recognitions are a testament to the hard work, exceptional service, and dedication of our entire team, who consistently prioritize our customers' needs and work tirelessly to exceed their expectations. Furthermore, as concerns about environmental sustainability, resiliency, and equitable financial solutions continue to grow, we are taking bold steps to ensure our PACE financing offerings align with the highest standards in the industry." "We believe that service excellence and customer-focused operations are not just a choice, but a responsibility that lies at the core of our business," remarked Renew Financial's COO, David Crichton . "By integrating transparency, process improvements, and customer engagement into our operations, we strive to redefine the industry and positively impact both the environment and the communities we serve." The company's dedication to maintaining extraordinary quality standards has solidified its position as a trusted and preferred partner in the industry. Renew Financial is a shining example of how dedication, innovation, integrity, and continuous customer focus can yield outstanding results. Renew Financial invites all stakeholders, including property owners, contractors, and community leaders, to create a more equitable, resilient, and sustainable world through the PACE financing program. About Renew Financial: Renew Financial Group LLC (Renew Financial) is a leading residential Property Assessed Clean Energy (PACE) financing provider in California and Florida. With a focus on community impacts, Renew Financial is committed to driving resiliency and environmentally beneficial projects while upholding the highest service excellence and accountability standards in the residential PACE financing industry. Renew Financial has funded more than $1.3B in PACE projects that have led to greenhouse gas reductions (GHGs) of nearly 1.5 million metric tons, equivalent to removing over 320,000 cars from the road, contributed to the creation of over 18,000 local jobs, and savings of over 2 billion gallons of water. Renew Financial is a trademark of Renew Financial Holdings, Inc. Learn more at renewfinancial.com, LinkedIn , Twitter , or Facebook . SOURCE Renew Financial Group LLC ×
Renew Financial Frequently Asked Questions (FAQ)
When was Renew Financial founded?
Renew Financial was founded in 2008.
Where is Renew Financial's headquarters?
Renew Financial's headquarters is located at 1221 Broadway, Oakland.
What is Renew Financial's latest funding round?
Renew Financial's latest funding round is Convertible Note.
How much did Renew Financial raise?
Renew Financial raised a total of $915.48M.
Who are the investors of Renew Financial?
Investors of Renew Financial include DBRS, Kroll (acquired by Duff & Phelps), Morgan Stanley, Barclays Bank, Natixis and 14 more.
Who are Renew Financial's competitors?
Competitors of Renew Financial include LevelTen Energy, Fulcrum BioEnergy, Spruce Finance, Open Energy Group, OpenHydro and 15 more.
Compare Renew Financial to Competitors
Choren Industrietechnik is an engineering service-provider and licensor, offering the planning, layout and installation of systems for synthesis gas generation according to the CCG process.
Proton OnSite is a hydrogen technology company which has developed into a large manufacturer of on-site hydrogen generators with over 2,600 units installed worldwide in more than 75 countries. The company offers advanced Proton Exchange Membrane (“PEM”) electrolysis systems to various markets, focusing on small to medium sized plants. It was founded in 1996 and is based in Wallingford, Connecticut. On February 27th, 2017, Proton OnSite was acquired by Nel at a valuation of $20M.
Fulcrum BioEnergy provides ethanol production in the United States. The company focuses on developing, owning, and operating efficient, environmentally responsible facilities that convert municipal solid waste and other waste products to a much-needed low-cost, reliable, and environmentally clean renewable transportation fuel. The company was founded in 2007 and is based in Pleasanton, California.
Chena Hot Spring's vision is to become a self-sufficient community in terms of energy, food, heating and fuel use to the greatest extent possible. To attain this goal, Chena is developing numerous renewable energy and sustainable development projects whi
Bioprocessing Innovative Company operates as a company that produces and engineers bio-energy solutions. The company is based in Dublin, Ohio.
Copernican Energy is a company that received a STTR Phase I grant for a project entitled: High Temperature Solar Thermal Biomass Gasification and Co-reduction of Iron Oxide to Produce Hydrogen. Their project applies renewable solar thermal energy as a novel way to provide the necessary energy for biomass gasification and will develop the science required to engineer an efficient solar biomass-to-hydrogen conversion facility. Central to this innovation is the use of a reduced oxide intermediate to chemically store solar energy in a solid, allowing continuous hydrogen generation when the sun is not shining. The operating conditions necessary to achieve economically viable conversion of biomass resources to hydrogen will be determined through in-depth study "on-sun" and in the laboratory of heat transfer, reaction rates, and rate controls. The proposed project provides a bridge between solar energy and biomass to surmount many of the challenges associated with conventional biomass processing technologies. The high temperatures available from solar thermal systems allow for high conversion and selectivity, maximizing utility of the valuable biomass resource and extending its ability to replace conventional fossil fuels. Use of a reduced metal oxide stretches the applicability of solar energy beyond the daylight hours. Combined use of solar energy with biomass has a larger potential than either renewable resource alone to provide renewable fuels for the future. Copernican Energy is a company that received a STTR Phase I grant for a project entitled: Rapid Solar Thermal Gasification and Pyrolysis of Cellulose and Lignin for Renewable Fuel Production. Their research uses solar thermal energy as a novel way to provide the necessary energy for renewable biomass conversion to energy or useful products, and develops the science required to engineer an efficient and commercial solar biomass conversion facility. Gasification and pyrolysis of representative biomass resources grown near solar regions (corn stover and sorghum) will be converted via thermogravimetry, controlled aerosol reaction, and on-sun demonstration of feasibility of this approach. Thermogravimetric experiments will determine chemical kinetics and necessary conditions for high selectivity to syngas and tar mitigation. Economic simulations will determine the main cost drivers for product price and highlight the syngas products with highest near-term scale-up potential. The broader impacts of the application of solar thermal energy to thermochemical conversion of biomass will provide a bridge between these sources of renewable energy that could surmount many of the challenges associated with conventional biomass processing technologies. Combined use of solar energy with biomass has a larger potential than either renewable resource alone and will help alleviate the nation's dependence on foreign petroleum, generate economic growth, create fuels that are environmentally sustainable, and have an impact on the overall human impact of energy use.