GoodGreen 2019-2 is a special-purpose vehicle (SPV) created to issue $315 million in private placement notes (series 2019-2) secured by a portfolio of property-assessed clean energy (PACE) loans in California, Florida, and Missouri. PACE programs allow for low-cost financing of a variety of energy efficiency, renewable energy, water conservation, storm protection, and seismic improvements on residential and commercial properties. The PACE loans are repaid through a special tax or an annual or semiannual assessment on a property’s tax bill.