Finance $75M in energy efficiency, water efficiency, and renewable energy projects
Petros PACE Finance is an approved capital provider in the majority of approved C-PACE markets in the U.S. and has closed transactions in twelve states plus Washington, D.C., resulting in hundreds of millions of operational savings for building owners. Petros funds C-PACE projects ranging from $500K to $200M+ for energy efficiency, renewable energy, water conservation, and seismic upgrades to a wide variety of commercial property types, including office, industrial, mixed-use, multifamily, hospitality, retail and more.
Petros provides low-cost, long-term capital for sustainable upgrades as part of retrofits, new construction, and gut rehabs. C-PACE makes it possible for building owners to retrofit buildings without the use of internal capital, while generating positive cash flow and increasing NOI. Meanwhile, C-PACE enables developers of new construction or renovation projects to displace more expensive mezzanine debt and equity, boosting project returns while facilitating the use of more sustainable building designs. Additionally, retroactive C-PACE financing is available in some jurisdictions, which can help building owners to lower their cost of capital and access liquidity.