Loading Events

« All Events

  • This event has passed.

C-PACE for Bankers: What is C-PACE and Why Would My Institution Consent?

July 21 @ 1:00 pm - 2:00 pm

Free

SEF and PEA have partnered to produce this educational event for commercial lender real estate team leads, and senior credit officials.

C-PACE is an alternative financing mechanism for property upgrades that improve energy efficiency, utilize renewable energy, and conserve water. C-PACE makes it possible for owners and developers of commercial, industrial, agricultural, and nonprofit properties to obtain low-cost, long-term, fixed-rate financing funded by private capital providers. C-PACE is relatively new in PA, though it has been around for more than ten years in other states. Approximately 32 states have enacted C-PACE legislation, enabling more than $1 billion in private financing of 2,000+ projects.

Mortgage lenders are an integral part of C-PACE as all C-PACE financings must have lender consent. Furthermore, C-PACE projects generally increase properties’ collateral value and reduce building operating costs. This presentation will further define C-PACE and mortgage lenders’ role in getting a project financed.

This presentation is free for all attendees.

Speakers

  • Jeanne Fields – Fulton Bank, VP Commercial Community Development Lending
  • Doug Hoffman – Keystone Property Group, Chief Financial Officer
  • Cliff Kellogg – C-PACE Alliance, Executive Director

Click here to register

Details

Date:
July 21
Time:
1:00 pm - 2:00 pm
Cost:
Free
Website:
https://www.thesef.org/events/c-pace-for-bankers-what-is-c-pace-and-why-would-my-institution-consent/

Organizers

Philadelphia Energy Authority
Sustainable Energy Fund