C-PACE financing applied to new construction offers property owners a business case for development of higher performance and more sustainable building systems that exceed the building code or other such baseline, such as the building envelope, HVAC system and rooftop solar PV. Apply Inland Green Capital C-PACE financing solutions to your development project to cover the installation cost of higher performance building systems and ultimately cover up to 20%+ of the total capital cost of the new construction project with low cost, non-recourse PACE financing that replaces other expensive sources of capital at a fraction of the price.

C-PACE financing is an effective tool for building owners who seek financing solutions to purchase and own a roof or ground mounted solar PV array. Inland Green Capital can fund up to 100% of the cost of the solar PV array and include funding any necessary ancillary costs such as a new roof replacement or electrical upgrades associated with the solar PV system. C-PACE financing offers long-term, fixed-rate financing up to 30 years, which allows the property owner to lower the cost of the financing and realize positive cash flow from utility bill savings generated by renewable energy and local and federal tax incentives for Solar PV.

In existing buildings, C-PACE financing can be used in place of owner’s equity or reserve accounts to fund replacement of older, inefficient building systems with new higher efficiency options. Typical opportunities for efficient building system upgrades are lighting systems, HVAC & controls, water heating & fixtures and building envelope improvements such as windows and roofs. C-PACE financing can fund up to 100% of the cost of the eligible improvements and offers the potential to share the costs and benefits with building tenants (subject to lease agreements). Efficient equipment upgrades reduce utility bills and maintenance expenses while helping to improve the comfort and productivity of building occupants.

Projects that require gut renovations of existing buildings to convert the property to a new use are great opportunities to utilize C-PACE financing. These types of projects require whole system replacement of building components such as the envelope, HVAC, hot water, electrical and plumbing systems. C-PACE financing incentivizes project developers to select energy efficient systems funded with low cost, non-recourse C-PACE financing that replaces other expensive sources of capital at a fraction of the price.

Property owners who recently completed installation of C-PACE eligible clean energy improvements may work with Inland Green Capital to refinance those improvements. Refinancing PACE projects in this manner offers property owners flexibility to manage their capital structure and frees up capital to recycle into new investments or cover operating obligations.