by Jim Stanislaus, Chief Financial Officer & Founder | May 21, 2024 | Petrospectives
My Petros colleagues and I often talk about C-PACE as being future-forward financing, and for reasons that go beyond its impact on environmental sustainability. We’re just beginning to scratch the surface on the creative ways in which it can be utilized. A quick...
by Michael Yaki, Senior Vice President and Senior Counsel of Policy and Programs | Feb 7, 2024 | Petrospectives
As we know it today, C-PACE financing is quickly becoming the most economically sustainable subset of the capital stack—a fact that is driving an increase in its share of the capital stack. Although the concept of Property Assessed Clean Energy (PACE) began in the...
by Jim Stanislaus, Chief Financial Officer & Founder | Nov 9, 2023 | Petrospectives
C-PACE is needed in good times and in bad. A few years ago, senior financing—typically the cheapest money in the capital stack—had the lowest interest rates, about 4% to 5%. Mezzanine was slightly higher, and equity higher than that (as mezzanine and equity assume...
by Andy Meyer, Chief Revenue Officer, Petros PACE | Sep 21, 2023 | Petrospectives
Over the last ten years, the C-PACE industry has evolved and transformed from a niche financing mechanism connected to residential solar panels to a mainstream, balance sheet solution supporting complex commercial real estate construction projects. Today, as the Chief...
by Mansoor Ghori, CEO, Petros PACE | Mar 23, 2023 | Petrospectives
I just returned from several days at the Structured Finance Association’s annual conference in Las Vegas, where I was on an industry panel discussing the impact of C-PACE financing on sustainability initiatives across the commercial real estate industry. While I...
by Mansoor Ghori, CEO, Petros PACE | Jan 24, 2023 | Petrospectives
For the CEO of any successful organization, the beginning of a new calendar year is a moment for disciplined reflection on the current state of the business, a look backward to glean what lessons can be learned and pitfalls to avoid repeating, and perhaps most...
