SCCEBA Business Roundtable: C-PACE Financing Opportunities for South Carolina

December 12, 2016 - Columbia, S.C. -  The South Carolina Clean Energy Business Alliance (SCCEBA) hosted a Business Roundtable to discuss Commercial-Property Assessed Clean Energy (C-PACE) on Wednesday, December 8, 2016 at the TRANE Carolina’s office in West Columbia, S.C.

Ethan Elser, Vice President, PACE Equity  

Ethan Elser, Vice President, PACE Equity

 

More than 60 attendees representing commercial lenders, private property owners, developers, energy efficiency and renewable energy businesses, state and local governments participated at the roundtable.  Attendees came from as far away as New York, Tennessee, Georgia, North Carolina, and rural and urban communities in South Carolina to learn about C-PACE.

Ethan Elser, Vice President of PACE Equity, highlighted how C-PACE makes it possible for owners of commercial, industrial, agricultural, multifamily, and nonprofit properties to obtain low-cost, long-term financing for high performance energy and water efficiency and renewable energy building upgrades. These improvements in turn increase property values, protect local tax bases, increase local economic activity, and promote the general welfare of communities. 

“It was exciting to be in West Columbia to educate a wide variety of stakeholders about the opportunities C-PACE has to offer South Carolina. PACE Equity is thrilled about the response from the roundtable.  We look forward to working with SCCEBA to enact legislation and bring building investment and jobs to South Carolina,” Elser said.

Two SCCEBA Board members, Brad Van Meter, Comprehensive Solutions Account Manager of TRANE Carolinas and Doug Webster, Senior Associate of CBRE’s Global Energy and Sustainability Practice Group also participated in a panel discussion.

Doug Webster said, “As the world’s largest manager of commercial buildings, CBRE has both a responsibility and an opportunity to influence the way buildings are built, sourced, managed and occupied.  Our clients rely on us to provide them with innovative, sustainable and financially aggressive energy efficient solutions.  C-PACE is an excellent financial model for building owners and property managers to make significant energy improvements immediately without having to spend out of pocket dollars.  It’s about values and creating sustainable value.”

“If you’re a county representative, commercial lender, energy services company or commercial property owner, the roundtable discussion certainly demonstrated how C-PACE can increase the value of your building assets, increase your tenant occupancy, reduce your carbon footprint and overall ownership and operations costs associated with the C-PACE investment,” said Brad Van Meter.

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SCCEBA is a 501(c) (3) non-profit organization that has been tasked with building a broad-based business alliance that fosters the development of a clean energy industry in S.C. SCCEBA is a cooperative enterprise for clean energy supply chain development in S.C. For more information, visit scceba.org.

 
 
December 8 C-PACE Business Roundtable at TRANE Carolinas  

December 8 C-PACE Business Roundtable at TRANE Carolinas