North Carolina has joined more than 35 states across the country to adopt a new form of financing for commercial real estate owners and developers. Known as Commercial Property Assessed Clean Energy (C-PACE) financing, the...more
Property Assessed Clean Energy (“PACE”) has been maturing into a distinct asset class over the last decade. Foley has been involved in PACE since its early days, from highlighting the three early models program developers...more
Recently, the owner of the 24-story, 360,000-square-foot PNC Plaza office tower, which is located in downtown Columbus, Ohio, wanted to upgrade the energy efficiency of the building. ...more