What can we finance?
If the capital improvement saves or produces either energy or water, we can likely finance the project.
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Eligible measures
ELIGIBLE EXPENSES
Nuveen Green Capital’s C-PACE financing can cover 100% of the hard and soft costs associated with measures that improve the water and energy performance and (in some states) resiliency of a building.
Eligible measures vary by state and program.
Contact Nuveen Green Capital to learn more about measures eligible for your project.
QUALIFYING SOFT COSTS
Eligible soft costs include but are not limited to:
- Energy audit, water audit, feasibility study
- Professional services fees
- Prepaid service, operation, maintenance and warranty contracts
- Performance guarantees
- Certification of building energy performance
- All regulatory costs required for installation
- Measurement and verification costs
- Commissioning and retro-commissioning
- Escrow for property tax payment, interest reserves or insurance
QUALIFYING MEASURES
Equipment must be permanently affixed to the property to qualify.
Energy efficiency and renewable energy measures are eligible in all locations with a C-PACE program.
Other eligible measures depend on location.
Potentially eligible measures include but are not limited to the measures displayed in the carousel below.
Case studies
Hospitality
Origin Hotel
$5 million hotel gut rehabilitation
Industrial
Freezpak Jacksonville
$26.5 million cold storage new development
Multifamily
Summerpointe
$18.5 million multifamily new development
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