Colorado developers, building owners, and contractors interested in learning more about the state’s C-PACE financing program (also referred to as Co-PACE) won’t want to miss this informative four-hour conference scheduled for April 26 from 7am to 11:45am at the Hyatt Regency Aurora-Denver Conference Center.

What is C-PACE?

C-PACE stands for Commercial Property Assessed Clean Energy and is a financing mechanism which can be implemented by state, county or other local municipal authorities. This financing tool, according to the US Department of Energy, can provide financing for energy efficiency and renewable energy upgrades or new construction project implementation. The loan is bound to the property and paid back via a special line item on the property tax bill, which ties the repayment obligation to the property itself, rather than the property owner and may be transferred with the property in the event of a sale.

Property owners arrange financing with approved capital partners for a term up to 20 years. Financing can cover up to 100% of the cost of renewable and energy efficiency projects.

What is Co-PACE?

Co-PACE is Colorado’s iteration of the PACE program and is managed by the Colorado New Energy Improvement District (NEID). There are currently nineteen participating counties with seven more in discussion (get the full list here).

CPACE Conference Topics Slated for Coverage Include:

  • CPACE Overview
  • Co-PACE Case Studies
  • Co-PACE and How It Applies to New Construction and Various Asset Classes
  • Property Owners’ Next Steps
  • Denver’s Next Steps

Ally President Shawn Rash Will Be a Panel Member

Ally Energy Solutions’ President Shawn Rash will be a member of the Co-PACE New Construction and Asset Class panel, where he will share his expertise in discussions regarding the various ways in which this financing method can be applied to new construction, and how it applies to the four real-estate asset class property types: multi-family, retail, office and industrial.

This conference will provide valuable information for the Colorado business and developer community.

Ally Energy Solutions is dedicated to helping Colorado facility professionals meet their energy efficiency and renewable project goals. Our three Colorado offices are located in Littleton, Aurora and Denver.

Get in touch today to learn more about our energy solutions.