Ygrene Energy Fund (Defunct)
Critical (F) — Insolar Honesty Grade
Ygrene was one of the three major PACE administrators in California and Florida and ceased originating new assessments in 2023, with full wind-down completed in 2024. Legacy Ygrene assessments remain attached to tens of thousands of properties. Multiple class actions and AG enforcement actions are ongoing against the wind-down entity and its servicing successors.
Where this grade comes from
Public-record events
- Ygrene ceased new assessments — 2023; wind-down completed 2024
- Federal multi-state PACE class action filed March 2025 — Ygrene legacy assessments named
- CA AG, FL AG, MO AG: multiple consent orders and ongoing investigations
- Documented Spanish-language and elder financial abuse violations
/ Best for
Not currently issuing new assessments. Property owners with legacy Ygrene liens should review payoff, rescission, and class-action notice options.
/ Watch out for
Legacy Ygrene assessments are concentrated among the highest-risk PACE products. Customers with active complaints should reference the March 2025 multi-state class action docket.
Have direct evidence of an issue with Ygrene Energy Fund (Defunct)?
Report a new regulatory filing, court ruling, complaint pattern, or sales-practice issue. Verified submissions feed the next quarterly Honesty Index refresh. We only accept reports backed by documentation (filing numbers, screenshots, contracts).