CPACE

Commercial Property Assessed Clean Energy (CPACE) is a financing structure in which building owners borrow money for energy efficiency, renewable energy, or other projects and make repayments via an assessment on their property tax bill. The financing arrangement then remains with the property even if it is sold, facilitating long-term investments in building performance. CPACE may be funded by private investors or government programs, but it is only available in states with enabling legislation and active programs. 

The program adopted by an eligible municipality that allow commercial or non-profit property owners to pay back the cost of clean energy upgrades to their property over a term that can go as long as 20-30 years and is secured through a benefit assessment lien on the improved property. Hunter Green Capital has active relationships with both direct CPACE Lenders and lenders that will allow CPACE in their Capital Stacks i.e. "CPACE Friendly" Lenders.

 Through the Commercial Property Assessed Clean Energy (C-PACE) financing mechanism, owners of commercial, industrial, multi-family, and agricultural properties can get long-term funding for projects involving water conservation, renewable energy, and energy efficiency. The property owner saves money and energy as a result of these changes, which also lessen the carbon footprint of the property and the county as a whole.