3x PIPELINE VOLUME
We tripled the size of our deal pipeline in 2019 and expect this to only continue to grow as increasing spotlight on C-PACE, tightening lending standards and green building codes fuel demand.
2x TEAM MEMBERS
Our team doubled in size this year. New hires strengthened our origination, underwriting and transaction teams. Continued expansion will be supported by strategic additions to our senior leadership team, including Michael Wallander as SVP – Solar Financing, Andy Meyer as Senior Vice President and Scott Moxham as SVP – Finance & Accounting.
2x PROJECTS FUNDED
We closed twice as many C-PACE deals this year as we did in 2018, closing deals across hospitality, office, multifamily, retail, and nonprofit for the refinance, retrofit and new construction of properties.
2x NEW CONSTRUCTION PROJECTS FUNDED
We saw more developers taking advantage of C-PACE financing in 2019, doubling the number of new construction projects we financed, including $8M in C-PACE financing for the ground-up construction of the KC Hyatt House in Kansas City, Missouri.
We remain committed to helping property owners and developers lower their energy costs and reduce their carbon footprints. Petros is proud of the lifetime project savings we’ve unlocked to date.
operational costs saved
tons of CO2 saved