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ARTICLE · 11 JULY 2022

Marcus Benning Authored An Article In International Law Office, "C-PACE Lending"

Commercial property-assessed clean energy (C-PACE) lending is available in at least 38 states and is becoming a popular financing option for borrowers desiring financing for "green" energy projects designed to increase energy efficiency and renewable energy solutions.

United StatesReal Estate and Construction

Commercial property-assessed clean energy (C-PACE) lending is available in at least 38 states and is becoming a popular financing option for borrowers desiring financing for "green" energy projects designed to increase energy efficiency and renewable energy solutions.

C-PACE lending allows qualifying property owners to finance the upfront costs of eligible green energy projects at a fixed rate via a credit facility that is non-recourse to the borrower and typically cannot be accelerated. In states that permit C-PACE financing, such financing is typically available for a wide variety of real estate types, including:

  • hospitality;
  • retail;
  • industrial;
  • multifamily; and

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