PACE Loans in the State of Kentucky

Skyline image of Louisville, Kentucky

PACE Equity Funds Local Developments

PACE Equity serves Louisville and the state of Kentucky with commercial real estate financing using Commercial Property Assessed Clean Energy (C-PACE) loans. The state of Kentucky allows this financing option to encourage energy efficiency in the local building stock. The C-PACE financing can be used for new construction, redevelopment, renovation, refinancing, and renewable energy projects. Our firm provides C-PACE loans for up to 30% of the capital stack (or 100% for solar and other renewable energy projects). Since 2014, PACE Equity has funded well over 200 PACE projects with a focus on delivering improved return on equity for our clients.

CIRRUS

PACE Equity also offers an innovative low carbon C-PACE financing option called CIRRUS Low Carbon which combines C-PACE financing with a green building designation. The program provides financial benefits, including a substantial rate reduction, for pursuing enhanced energy efficiency. This efficiency improves the carbon footprint of the building which makes it more appealing to your tenants. We even help you by coaching you through the design changes necessary to secure the lower rates.

PACE Financing Expert

Kentucky Managing Director

David Oliverio is our Kentucky Managing Director. David has more than 35 years of corporate finance and commercial banking experience. He is a known leader in the PACE financing world, having closed $132 million in PACE loans on over $500 million in commercial construction projects. Reach out to him to schedule a meeting and discuss your next project.

Local PACE Programs

The C-PACE program in Kentucky is administered by Energize Kentucky. Energize Kentucky allows PACE Equity to finance up to 100% of energy and water saving improvements. Amortization periods are available up to 30 years. Counties with C-PACE legislation include Jefferson, Bullitt, Nelson, Boone, Pendleton, and Lincoln among others. PACE Equity’s experienced Energy Engineering and Building Optimization Teams take care of the energy audit and program application. Our streamlined process carries you through from end-to-end.

Relevant PACE Equity Case Studies for the State of Kentucky

Here are some recent case studies of projects you might find interesting. We’ve got more project stories that show the many ways we’ve helped deliver PACE financing.