PACE Equity’s CIRRUS® Low Carbon Financing Program Gains Unprecedented Endorsement from Leading Green Building Certification Firms, Including USGBC
MILWAUKEE, WI, — PACE Equity, the leader in C-PACE financing for renovation, development, and recapitalization projects, is proud to announce that its innovative CIRRUS® Low Carbon financing program is now partnering with the United States’ foremost green building organization, the U.S. Green Building Council (USGBC), creators of LEED (Leadership in Energy and Environmental Design), the world’s most widely used certification program. The collaborative approach between PACE Equity and the USGBC will incentivize green building practices to advance the efficiency of America’s building stock, signifying a unified commitment to sustainable infrastructure.
CIRRUS Low Carbon C-PACE financing features a significant rate reduction, rewarding developers that commit to reductions in carbon impact. The new collaboration with the USGBC and others pairs the framework of the top green building certification programs with financial incentives, making sustainability-focused upgrades more financially beneficial for developers and building owners.
“This collaboration between PACE Equity and the nation’s leading green building certification programs marks a transformative step toward a lower-carbon future – where sustainability and smart financing go hand in hand,” said Beau Engman, president and founder of PACE Equity.
“Aligning PACE Equity’s CIRRUS program with LEED will help bridge the gap between high-performance green building and green finance, providing owners not only access to financing but a framework with proven strategies to effectively pursue, measure and verify sustainable development projects,” said Sarah Zaleski, chief products officer, USGBC.
By pairing CIRRUS Low Carbon financing with these green building certification frameworks, PACE Equity ensures that energy efficiency and renewable energy upgrades deliver lower financing costs, improved operating income, and better overall project returns. PACE Equity’s CIRRUS program has access to cost-effective capital which is passed on to C-PACE projects originated by the firm.
PACE Equity continues to set the industry standard for innovation, using C-PACE as a strategic financing option for commercial real estate. Developers using LEED and other major green building certification guidelines have a powerful new way to deliver high-performance, climate-friendly buildings that align with both economic and environmental priorities.
About the U.S. Green Building Council (USGBC)
The U.S. Green Building Council (USGBC) accelerates and scales transformation of the built environment to minimize climate impacts and enhance the well-being of people, the environment, and communities worldwide. USGBC leads market transformation through LEED and other green building certification and enablement programs, robust educational offerings, an international network of industry leaders, the annual Greenbuild International Conference & Expo, the Center for Green Schools, and advocacy in support of public policy that encourages and enables green buildings and communities. For more information, visit usgbc.org and connect on X (formerly Twitter), Instagram, Facebook, and LinkedIn.
