Retroactivity New Use for C PACE During Challenging Times

Updated: Sep 3, 2020

Commercial and industrial real estate project developers, energy service companies and contractors can innovatively finance or refinance their energy efficiency, renewable energy projects using innovative Commercial Property Assessed Clean Energy Financing (C-PACE). Due to the current economic challenges, a lesser-known application for PACE has begun to be considered. PACE refinancing or “Retroactive PACE” allows eligible improvements that have already been installed to be refinanced with PACE.

Now more than ever, you may be seeking solutions to mitigate airborne pathogens such as COVID19. If you are upgrading HVAC equipment and include specific measures like UV-C with documented energy savings, PACE financing may be a great financing tool.

PACE financing provides fixed-rate, long-term financing to cover up to 100% of project costs. Typical projects require no out-of-pocket expense and generate immediate cash flow for building owners - enabling deeper, more capital-intensive retrofit investments. In this webinar, learn the standards, tools and underwriting best practices proven to meet stakeholder underwriting demands and win projects.

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1240 Huron Road East, Suite 300

Cleveland, Ohio 44115

(216) 592-2208