Coastal Enterprises, Inc. (CEI) announced today that it has received a rating of AAA for Impact Performance from Aeris, the information service for community investors. The AAA is the highest rating given by the agency. Aeris (formerly known as CARS®) provides comprehensive, third-party assessments of community development financial institution (CDFI) loan fund financial strength and performance and impact.
In addition, CEI scored a two (on a scale of one to five where one is the highest) for financial strength and performance. CEI was also assigned a Policy Plus score for its public policy engagement.
Read the full press release here.