c-pace capital providers

Join the Green Bank in putting capital to work in the right places

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 capital providers

Join the Green Bank in putting capital to work in the right places

How does C-PACE work in Connecticut?

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.

Aligning with the Connecticut Green Bank

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.

Benefits of investing

Becoming a C-PACE provider means you can:

Make a socially responsible investment: As part of a portfolio of investments, these green projects represent innovation, social responsibility, and a commitment to the future because they create healthier businesses and healthier communities.
Reduce risk: For C-PACE, one of the most valuable aspects is the simple and secure repayment mechanism. Municipalities place an assessment on the property (similar to a municipal assessment) and the Green Bank is responsible for billing. C-PACE takes a senior position to mortgages with mortgage holders consenting to the lien, and are subordinate only to real property tax liens. Investing in C-PACE is a safe and secure way for capital providers to build their portfolio.
Make an impact on local businesses and homeowners: The simple fact is that many commercial property owners want to reduce their energy usage and be more sustainable, but they lack the funds to undertake large-scale projects. C-PACE enables building owners to tackle large projects that can produce immediate and long-term savings.