Renew Financial

Renew Financial specializes in providing innovative financing solutions that support efficiency and renewable energy initiatives. Founded in 2008 by Cisco DeVries, the company focuses on developing financing models that promote energy independence and facilitate the transition to a clean energy economy. Its key offerings include the PACE financing model and the Warehouse for Energy Efficiency Loans, which enable access to capital for residential energy efficiency projects. These financing options are designed to assist homeowners, contractors, and local governments in funding energy efficiency, renewable energy, and water efficiency improvements, with repayments often structured through property taxes. By connecting these stakeholders, Renew Financial aims to reduce energy consumption and contribute to job creation in local communities.

Stephen Portis

Chairman and CEO

1 past transactions

AFC First Financial

Acquisition in 2015
AFC First Financial Corporation is a private financial institution based in Allentown, Pennsylvania, established in 1947. The company specializes in providing lending programs focused on energy efficiency and renewable energy solutions. Its offerings include energy efficiency loans, solar leases, and home improvement loans, particularly through utility on-bill financing. With a portfolio exceeding $100 million in loans, AFC First Financial aims to support sustainable energy initiatives and promote environmentally friendly practices among homeowners and businesses.
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