Hartford Office
75 Charter Oak Avenue
Suite 1-103
Hartford, CT 06106
Stamford Office
700 Canal Street
5th Floor
Stamford, CT 06902
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C-PACE financing helps commercial, industrial, multifamily, and non-profit property owners access affordable, long-term financing for green upgrades. Become a C-PACE capital provider to start lending in Connecticut today!
C-PACE financing helps commercial, industrial, multifamily, and non-profit property owners access affordable, long-term financing for green upgrades. Become a C-PACE capital provider to start lending in Connecticut today!
All types of commercial properties can use C-PACE (Commercial Property Assessed Clean Energy) for all types of green upgrades to new and existing buildings. Low cost, long-term financing is repaid by the property owner over time through an assessment that is placed on the property. C-PACE projects include many different stakeholders that work together, including capital providers.
Capital providers work closely with the building owner and contractors to support projects, who secure long-term financing with terms of up to 25 years through a capital provider. Newly developed properties can reduce their average cost of capital while retrofit projects can spread the cost of improvements out over time, resulting in positive cash flow. Technical reviewers work closely with contractors and owners to ensure each project meets program requirements, measuring the ratio of energy savings from the improvements to the cost of financing, or ensuring new construction projects exceed minimum standards. Learn more about C-PACE works and see the municipalities participating in C-PACE.
Because C-PACE is administered by the Connecticut Green Bank, capital providers know they are working with an established partner with a track record of accelerating the green energy market statewide. Capital providers can play a central role in building stronger businesses and stronger communities across Connecticut, and when they realize new investment opportunities, they enjoy many benefits of their own.
Becoming a C-PACE provider means you can:
For more information about C-PACE, please see the C-PACE Program Guidelines.