C-PACE FOR DEVELOPERS
Commercial Property Assessed Clean Energy (C-PACE) is an innovative, new financing program for commercial real estate developers. C-PACE enables you to access affordable, long-term, non-recourse financing for the installation of energy efficiency and renewable energy measures in your project.
C-PACE financing is repaid through a voluntary benefit assessment that is recorded on the property similar to a sewer assessment. Repayment terms can extend up to 20 years and the assessment transfers with the property to the new owner if you sell the property.
There's no longer any reason to "value engineer" energy efficiency and renewable energy measures out of a project! Thanks to C-PACE, you can build a sustainable, high-performing building right from the start, while reducing your weighted average cost of capital.
To find out if your project qualifies for C-PACE financing:
As a registered C-PACE Capital Provider, Liberty Energy Partners is able to provide 100% financing for energy retrofit projects and up to 20% financing for new construction. Energy retrofit projects will lower building energy costs while increasing the value of the building and generating positive cash flow. The best part of the financing is that it requires no personal guarantee by the building owner and the repayment obligation is transferred to the new owner if the building is sold.