PACE Capital Solutions
PACE Capital Solutions is a subsidiary company of GAX Capital Group
Commercial Property Assessed Clean Energy Financing (C-PACE)
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C-PACE is a type of assessment based financing offering long term, competitive fixed rates to commercial property owners who make energy improvements to their buildings.
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Project
Eligibility
Energy Efficiency
Renewable Energy
Resiliency
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New-Build
Retrofit
Renovation
Refinance
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Eligible Improvements
Non-exhaustive
Air Sealing and Ventilation
Building Envelope
HVAC | Lighting
Automated Building Controls
Water Heating/Cooling
Electrical | Refrigeration
Insulation | Solar Panels
Energy Management Systems
Permanently Affixed Equipment
Electric Vehicle Charging Stations
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Capital Benefits
Lower WACC
Higher ROI
Non-recourse
Transferable
10-30 Year Terms
Competitive Fixed-rates
Cash-flow Positive
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​Average Financial Coverage
New-builds 20% - 30%
Retrofits 100%
Renovations 100%
Refinancings 100%
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Higher Returns
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PACE compared with other types of alternative financing, offers a lower cost of capital resulting in a lower WACC and higher ROI for the borrower.
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Better Cash Flow
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Utility savings & longer payback periods of up to 30 years with competitive fixed interest rates offer lower payments which may improve cash flow for the property owner.
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Attractive Financial Reports
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As an assessment carried as a tax lien on the property, a PACE loan is non-recourse to the borrower and for accounting purposes may be reported as a tax expense rather than a debt expense for off-balance sheet financing.
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Flexible Capital Structuring
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Many other types of incentives, including different tax incentives, may be used with C-PACE to fill out a capital stack.
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Our team works with public and private business clients including governmental entities, program administrators, public and private developers, commercial property owners, and business owners to successfully access and close PACE financial transactions.
PROGRAM SERVICES
Our team provides a broad range of PACE program development services including program education, coordination of energy district set-up, PACE transaction process and logistics review, stakeholder presentations and community education, marketing and development services.
PROJECT SERVICES
Our team works with commercial property owners to analyze energy projects for program eligibility and offers loan origination, team coordination, program administration and overall project management from inception to close.
C-PACE offers commercial property owners financial incentivizes to make energy efficient improvements to their buildings...
Recent PACE Accomplishments....
The Little Traverse Bay Band of Odawa Indians
Waganakising Odawa
Energy Improvement Program
The Columbiana County Energy Special Improvement District
A countywide C-PACE Program administered by the Columbiana County Port Authority