C-PACE Resources

Whether you are a municipality, contractor, building owner or investor, you have a role to play in C-PACE. Click on the links on the left to find information on CPACE including all FAQs, forms, and model agreements.

Eligible Buildings & Upgrades

What Types of Buildings are eligible?

• Location
  The property is located within a municipality that has adopted a resolution joining the C-PACE program.
• Ownership
  The applicant is the legal owner of the property and all the legal owners of such property agree to participate.
• Property Type
  C-PACE offers financing to commercial, industrial or multifamily (defined as 5 or more dwelling units) property owners that pay property taxes or have a property tax ID. Residential properties with fewer than 5 dwelling units are not eligible.
• Building Financials
  The property must be current on property tax and assessment payments. The property owner must not have any involuntary liens, defaults, or judgments applicable to the subject property.
• Lender Consent
  The property owner must provide evidence that the mortgage holder(s) on the property consents to the PACE assessment, if applicable.

What Types of Upgrades are Eligible?

Eligible upgrades are any energy efficiency or renewable energy measure that:

• Results in an energy savings-to-investment ratio greater than 1 over the lifetime of the assessment term.
• Is permanently affixed to the building or property.
• Although there is no financing minimum, C-PACE is best suited for capital improvements above $150,000

Typical eligible measures include:

• High efficiency lighting
• Heating ventilation air conditioning (HVAC) upgrades and controls
• High efficiency chillers, boilers, furnaces and water heating systems
• Building enclosure/envelope improvements
• Building automation (energy management) systems
• Renewable energy systems

Please review our program guidelines for a complete list.

C-PACE Program Guidelines

The Program Guidelines govern all C-PACE program participants. This document includes an overview of the program, the program process flow, eligible properties, financial standards, technical standards, and other program information.

Click here to download C-PACE Program Guidelines.

C-PACE Participating Municipalities

The following municipalities have already opted in to C-PACE:

For municipalities to opt in to C-PACE, their legislative body must sign an agreement with CEFIA, pursuant to which the municipality agrees to assess, collect, remit and assign, benefit assessments to CEFIA in return for energy improvements for benefited property owners within the municipality and for reimbursement of costs reasonably incurred by the municipality in performing such duties.

Click here to download a sample agreement between a Connecticut municipality and CEFIA.

Click here to download a presentation about C-PACE.

Would you like to help us bring your municipality into C-PACE? Contact us now.

C-PACE Participating Lenders

CEFIA is pleased to congratulate the following capital providers we have identified through an application and screening process. For building owners that would like their C-PACE deal referred out to this group, CEFIA will send the specifics of the deal to its pre-approved C-PACE lenders and allow the building owner to select project lender based on financing terms. Building owners are also free to select their own capital providers.

C-PACE Capital Provider	Website
Ameresco	http://www.ameresco.com/solution/energy-project-financing
Bostonia Partners	http://www.bostonia.com/
Citigroup Global Markets	http://icg.citi.com/icg/global_markets/index.jsp
Clean Fund	http://www.cleanfund.com/
Peoples Bank	www.peoples.com
Structured Finance Associates	http://www.strucfinance.com/
Urban Energy Advisors	http://www.urban-atlantic.com/investment.php
Wells Fargo Securities	https://www.wellsfargo.com/com/securities/
Hannon Armstrong	http://www.hannonarmstrong.com/

Interested in becoming a C-PACE lender? Please click here to download the lender application. Email completed applications to Genevieve.Sherman@ctcleanenergy.com

C-PACE Contractors & Auditors

CEFIA is seeking qualified energy auditors, contractors, and energy service companies (ECs) interested in sourcing quality energy efficiency and renewable energy projects for C-PACE financing. Prequalified ECs will be connected to property owners and capital providers to develop well-structured transactions to finance energy projects through C-PACE. Prequalified ECs will also be highlighted on the C-PACE website and given access to training, market research, and marketing materials from CEFIA.

Property owners that require the services of an EC will have access to the full list of prequalified ECs. CEFIA may not recommend or endorse one prequalified EC over another. Any property owner who contacts CEFIA will be provided with the most current list of prequalified ECs and will not be offered a recommendation or endorsement by CEFIA staff. CEFIA will expect prequalified ECs to actively market the C-PACE program and will furnish them with marketing collateral that ECs may co-brand and utilize for this purpose.

Download a presentation on C-PACE for LREC and ZRECs

Download a solar energy feasibility study.

Watch the link Watch a webinar for how to become a registered auditor or contractor with C-PACE.

Download a FAQ from contractors.

Contact C-PACE

To:	Genevieve Sherman Manager, Commercial and Industrial PACE c-pace@ctcleanenergy.com Clean Energy Finance and Investment Authority

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