CleanFund Commercial PACE Capital, Inc.
Financial ServicesCalifornia, United States2-10 Employees
CleanFund develops and manages PACE programs for senior lenders, enabling them to offer borrowers capital for energy-related upgrades and new construction. The financing is delivered through commercial property assessed clean energy (C-PACE), a legal framework adopted in 39 states that lets property owners repay via a line item on their property tax bill. With deep expertise in commercial real estate, finance, and energy municipal finance, CleanFund can administer PACE programs across jurisdictions with active programs. The company is based in Oakland, California. Its main customers are lenders seeking to provide capital to property owners for clean-energy and efficiency improvements that can enhance cash flow and asset value. The firm has earned industry recognition, including GlobalCapital’s 2019 Esoteric ABS Securitization Award.