Cisco DeVries is Founder and CEO of Renew Financial, one of the nationÕs largest
clean energy finance companies. Renew Financial is the leading provider of the
Property Assessed Clean Energy (PACE) model of financing energy and water
efficiency and renewable upgrades to homes and businesses. Invented by Mr.
DeVries, PACE has been used to finance more than $2 billion in clean energy
projects across the country. PACE is a central component of a major White House
clean energy and energy efficiency initiative unveiled in 2015, and it was also
named one of the top 20 Òworld-changingÓ ideas by Scientific American magazine.
Renew Financial, which Mr. DeVries founded in 2008, provides financing through
PACE and its energy loan products in states from California to New York. 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 a number of public and private sector roles. From 1996-1998 he served in the
administration of President Bill Clinton as an aide to the U.S. Secretary of Energy
and the U.S. Secretary of Transportation. He also served as Chief of Staff to the
Mayor of Berkeley, California, where he envisioned and led the initial development
of BerkeleyFIRST, the original model for PACE.