If you own or manage a commercial building, you may be looking for ways to improve its energy efficiency, water conservation, or renewable energy generation. These upgrades can lower your operating costs, increase your property value, increase tenant comfort or employee productivity, and enhance your environmental performance. But how can you finance these projects without tapping your limited capital sources?

How does C-PACE work?

C-PACE financing works by attaching a voluntary assessment to the property tax bill of the improved building. The assessment is repaid over a period of up to 25 years by the property owner The repayment obligation transfers automatically to the next owner if the property is sold The assessment is secured by a lien on the property, which has priority over other liens except for taxes.

What are the benefits of C-PACE financing?

C-PACE financing offers several advantages for commercial building owners and developers:

• It covers 100% of the project cost, including soft costs such as engineering and design fees
• It has low interest rates and long repayment terms that match the useful life of the improvements
• It preserves working capital and credit lines for other business needs
• It increases net operating income and cash flow by reducing energy and water bills
• It improves building performance, comfort, and resilience
• It supports environmental goals and compliance with green building standards.