PACE, Lean & Green MI
Listing Category
Description
PACE is a financing tool that enables cashflow positive investment in comprehensive energy efficiency, water efficiency and renewable energy projects. By financing such projects through PACE, businesses can eliminate the need for upfront capital and spread the costs over up to 25 years so that the savings generated from the project are greater than the annual PACE loan repayment – generating immediate positive cash flow.
PACE financing allows a property owner to voluntarily enter into a special assessment agreement, which can be repaid over a period up to 25 years.
Contact: leanandgreenmi.com/contact-us/