NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns a preliminary rating to one class of notes from GoodGreen 2018-1 (“GoodGreen 2018-1”). The notes are newly issued asset-backed securities backed by a portfolio of Property Assessed Clean Energy (“PACE”) assessments. The Class A Notes (the “Notes”) are secured by a portfolio of PACE assets in California, issued by the Golden State Finance Authority, the Coachella Valley Association of Governments, and the County of Yolo and PACE
