Commercial Property Assessed Clean Energy (C-PACE) C-PACE is a publicly-sponsored and privately capitalized program developers and property owners can access to help finance a portion of their project costs. Public / Private partnership which allows property owners to finance projects through voluntary assessments placed on the property by a state economic development agency. C-PACE programs finance 100% of the energy efficiency, renewable energy, water conservation, resiliency improvements and the related costs, covering retrofits to ground-up construction. The financing payments are collected with regular local real estate taxes and are amortized over the useful life of the project, usually 15- 30 years.

100% Project Financing Finance 100% of the project costs up to 30% of the appraised value including hard and soft development costs, design, engineering, permits and service contracts. Improvements increase NOI and property value, improve aging infrastructure, and align landlord and tenant interests. Fixed Long-Term Rates Projects are financed over the useful life of the improvement with fixed long term interest rates between 4.5% - 6.50%, with fully amortizing terms ranging between 5 and 30 years. Transferable Tax assessments are linked to the property and C-PACE financing can transfer automatically to the new property owner without the cumbersome restrictions related to typical bank/mezzanine financing or PPA agreements. Flexible Prepayment Options C-PACE financing provides flexible prepayment options that allow the developer to effectively manage the capital structure of the property. PACE financing can include prepayment options coterminous with a potential property sale.

Low Cost Financing for Stabilized Property Upgrades 100% Project Financing C-PACE provides a 100% cost effective financing of Energy Efficiency, Renewable and Sustainable upgrades and retrofits of a commercial real estate, reducing the need for value engineering. Effective Alternative to Mezzanine Debt in Deep Retrofits, Repositioning or Ground Up Construction PACE provides a cost effective part of the capital stack allowing the developer to increase the overall potential of the project and profit opportunity. Financing may be passed to the Tenants Depending on Lease Structure. Financing may be passed to the Tenants Depending on Lease Transferable Depending on the lease terms the annual PACE assessment may be passed to tenants with NNN, or Modified Gross Leases. The potential pass through nature of C-PACE can result in a zero cost equity. Flexible Prepayment Options C-PACE financing provides flexible prepayment options that allow the developer to effectively manage the capital structure of the property. PACE financing can include prepayment options coterminous with a potential property sale.

Commercial Property Assessed Clean Energy (C-PACE) C-PACE is a publicly-sponsored and privately capitalized program developers and property owners can access to help finance a portion of their project costs. Public / Private partnership which allows property owners to finance projects through voluntary assessments placed on the property by a state economic development agency. C-PACE programs finance 100% of the energy efficiency, renewable energy, water conservation, resiliency improvements and the related costs, covering retrofits to ground-up construction. The financing payments are collected with regular local real estate taxes and are amortized over the useful life of the project, usually 15- 30 years.

100% Project Financing Finance 100% of the project costs up to 30% of the appraised value including hard and soft development costs, design, engineering, permits and service contracts. Improvements increase NOI and property value, improve aging infrastructure, and align landlord and tenant interests. Fixed Long-Term Rates Projects are financed over the useful life of the improvement with fixed long term interest rates between 4.5% - 6.50%, with fully amortizing terms ranging between 5 and 30 years. Transferable Tax assessments are linked to the property and C-PACE financing can transfer automatically to the new property owner without the cumbersome restrictions related to typical bank/mezzanine financing or PPA agreements. Flexible Prepayment Options C-PACE financing provides flexible prepayment options that allow the developer to effectively manage the capital structure of the property. PACE financing can include prepayment options coterminous with a potential property sale.

Low Cost Financing for Stabilized Property Upgrades 100% Project Financing C-PACE provides a 100% cost effective financing of Energy Efficiency, Renewable and Sustainable upgrades and retrofits of a commercial real estate, reducing the need for value engineering. Effective Alternative to Mezzanine Debt in Deep Retrofits, Repositioning or Ground Up Construction PACE provides a cost effective part of the capital stack allowing the developer to increase the overall potential of the project and profit opportunity. Financing may be passed to the Tenants Depending on Lease Structure. Financing may be passed to the Tenants Depending on Lease Transferable Depending on the lease terms the annual PACE assessment may be passed to tenants with NNN, or Modified Gross Leases. The potential pass through nature of C-PACE can result in a zero cost equity. Flexible Prepayment Options C-PACE financing provides flexible prepayment options that allow the developer to effectively manage the capital structure of the property. PACE financing can include prepayment options coterminous with a potential property sale.