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Enhanced Capital Launches National C-PACE Financing Platform

August 19, 2019

Enhanced Capital has announced the launch of its national Commercial Property Assessed Clean Energy (C-PACE) financing platform.  Enhanced will finance eligible energy efficiency measures in qualifying programs throughout the U.S.  By offering C-PACE financing, Enhanced continues its mission of supporting and strengthening local communities.

C-PACE programs are established at the state or municipal level in order to provide building owners and developers with access to affordable, non-recourse, long-term financing for eligible energy efficiency measures such as HVAC systems, renewable energy installations, water efficiency updates, building automation and other efficiency measures. C-PACE can be used for both retrofit and new construction.

“Our entrance into the C-PACE market reflects our commitment to financing clean energy and sustainability, and is a complement to our existing incentive finance programs,” explained Michael Korengold, CEO of Enhanced Capital.  “We are excited to apply our real estate lending experience to assist building owners finance these critical building upgrades.”

Enhanced seeks to work with developers in any approved C-PACE program jurisdiction.  Moreover, Enhanced has extensive experience with other state and federal incentive programs that allow Enhanced to optimize the capital stack beyond C-PACE.

Contact Ian McCulley at imcculley@enhancedcapital.com or 917-533-7778, to learn more about Enhanced’s C-PACE opportunities.