Petros PACE Finance
Date | Investors | Amount | Round |
---|---|---|---|
$10.0m | Early VC | ||
* | N/A | Acquisition | |
Total Funding | €9.1m |
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Recent News about Petros PACE Finance
EditPetros PACE Finance, LLC specializes in providing long-term Commercial Property Assessed Clean Energy (C PACE) financing to commercial property owners. This financing is aimed at modernizing buildings with energy-efficient systems, promoting environmental sustainability, and fostering economic development. The company operates in the commercial real estate market, serving clients such as manufacturers, real estate developers, and property owners who seek to reduce energy costs and improve building performance. Petros PACE Finance uses private funds from committed institutional investors to offer 100% financing for energy retrofits, redevelopments, and new construction projects. The business model revolves around monetizing tax credits and commercial lending, ensuring certainty of close for clients with its leadership's combined 100 years of experience. The company makes money by providing scalable financing solutions ranging from $500,000 to $200 million or more, breaking barriers and executing efficiently to earn the trust of its clients.
Keywords: C PACE financing, commercial properties, energy efficiency, sustainability, economic development, tax credits, commercial lending, institutional investors, scalable solutions, real estate.