– Tony Mathena, Continental Real Estate Companies
– Timon Malloy, Building Owner
– Robin Whitright, Owner of Paws Pet Resort & Spa
“We were pleased to work with Greenworks Lending to provide C-PACE funding to remodel such a historic site as the Oscar Mayer Station. Working in conjunction with new market tax credits, we were able to reduce the required equity, enhance our return on investment and realize significant savings in energy usage.”
– Adam Reich, Co-CEO, Reich Brothers, LLC
Preserve capital. Increase property value.
Improve your bottom line with C-PACE financing
Increase Cash Flow
Increase Property Value
Improve NOI and the overall marketability of properties with efficient and renewable energy infrastructure.
Pass Through Expenses
C-PACE is a Powerful Tool for Commercial Real Estate New Developments and Rehabs
Social and Business Impact
Reduced operating expenses from C-PACE help businesses compete locally and globally while creating jobs and reducing environmental impact.
million MWh saved over the over the life of projects
sq. miles of forest protected for 20 yrs (CO2 reduction)
million dollars in lifetime project savings
clean energy jobs supported
Energy Savings Ideas
Modern solar arrays can meet most if not all of commercial building demands, particularly when combined with efficiency measures. Additional utility incentives and grants can make going solar with C-PACE yield even greater returns.
Collective PACE™ delivers a discount to nonprofits through the upfront monetization of tax incentives by a third party, while simultaneously allowing nonprofits to take advantage of the longer-term, lower-cost financing available through C-PACE.
Boilers, chillers and furnaces
High efficiency boilers and chillers reduce energy costs because they operate 20-40% more efficiently than existing equipment commonly found in older properties.
Automated Building Controls
Adding or updating an automated control system can decrease electricity costs while also decreasing operational and maintenance costs.
New heating, ventilation and air conditioning equipment (HVAC) can reach 97%+ efficiencies and reduce utility bills by between 20-50% while improving tenant comfort in all commercial settings.
C-PACE legislation allows for 100% financing of roof replacement when coupled with other energy upgrades, such as solar.
High Efficiency Lighting
A retrofit to LED lighting can lead to significant electrical savings for older buildings, while new construction projects can position themselves as green and conserve capital with C-PACE financing.
Hot Water Heating Systems
Making the switch to high efficiency hot water systems can reduce costs by 30%. Upgrading these systems also conserves water because they are more efficient than traditional hot water heating systems.
Variable Speed Drives
Reduce energy consumption and extend life of equipment by effectively matching a motor’s use to variable operating loads.
Water saving infrastructure can greatly reduce waste from restrooms, heating and cooling, and landscaping. Opportunities to save are abundant in existing structures and are an important element of most new construction.
Storm resiliency measures can keep a building up and running to provide critical services, or can protect mechanical components from damage in the event of a storm via strategic placement and prevention measures.
Insulation, glazing, windows and other such improvments can save commercial buildings between 5-40% on energy costs and make building occupants more comfortable.