Making the Financial Case for Efficient Buildings with C-PACE
Join us to learn how commercial and industrial real estate project developers, energy service companies and contractors can innovatively finance their energy efficiency and renewable energy projects using innovative Commercial Property Assessed Clean Energy Financing (C-PACE) for projects. PACE financing provides fixed-rate, long-term financing to cover up to 100% of project costs. Typical projects require no out-of-pocket expense and generate immediate cash flow for building owners - enabling deeper, more capital-intensive retrofit investments. We will showcase the standards, tools and underwriting best practices proven to meet stakeholder underwriting demands and win projects.
Opportunity Zones are a unique way to infuse capital into much-needed urban development and combining this development toll with CPACE increases private returns for investors and offers long term investments and resiliencies. Combining the Opportunity Zone financing with that of CPACE combines capitals for sustainability with urban renewal, leading to a win-win scenario.
Who should attend?
- Real Estate Developers
- Building Owners
- Energy Service Companies
- Economic Development Professionals
- HVAC Contractors
- Lighting Contractors
- Envelope Contractors
- Solar Contractors
The course will provide the attendee an overview of a new financing option called Property Assessed Clean Energy or PACE. The State of Ohio has enacted legislation to allow local governments to authorize an “Energy Special Improvement District” whereby a commercial property owner can then install energy efficiency & renewable energy improvements and pay for the improvements via a voluntary Special Tax Assessment on the property tax bill for up to 25 years.
Registration and Breakfast: 7:30-8 a.m.
Program: 8-9:30 a.m
Location: Greater Cleveland Partnership Offices
1240 Huron Rd. East, Cleveland OH 44115
>> About the guest presenter, Chris Jones, PACE Financing Consultant, Bricker & Eckler, LLP
Can't make this event?
Save the dates for future C-PACE series events: June 5 and October 9, 2020.