From Solar to Seismic: The Rise of Commercial PACE Finance as a Mainstream Source of Cost Effective Capital

When commercial Property-Assessed Clean Energy, (C-PACE) hit the market nearly a decade ago it was viewed in the same way as many alternative lenders – a borrower’s last option when seeking project capital. Now, as the real estate cycle reaches peak levels and banks are becoming more cautious, commercial real estate owners and developers are facing fewer and fewer cost-effective options to fill out their capital stack…

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C-PACE Financings Solarize Two Buildings

Seagate Properties used 30-year C-PACE financing by Cleanfund to install a 49.6 kW solar PV array on Seagate’s San Rafael headquarters and in an office building in Sausalito using a 76 kW solar PV array.

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