By: Matt Golden, Senior Energy Finance Consultant
The Investor Confidence Project (ICP) and Commercial Property Assessed Clean Energy (PACE) programs offer many opportunities for collaboration in the buildings and energy efficiency sector. We will be exploring this potential for partnership in the upcoming webinar, Commercial PACE: Raising Confidence in Energy Savings to Ramp-Up Investment and Demand, held on January, 30th 2014, at 2pm ET/ 11am PT.
This one-hour, Environmental Defense Fund (EDF) / PACEnow webinar is designed to help Commercial PACE administrators, investors, project developers and building owners understand how standardization can facilitate multiple stakeholder alignment, ensure underwriting needs are met and enable energy efficiency investment while lowering transaction costs. It will include a brief presentation on EDF’s Investor Confidence Project, followed by panel discussion focusing on how Commercial PACE programs are using ICP to address the owner and investor projected savings-confidence challenge, which has been an impediment to energy retrofit financing nationwide. Moreover, the panel will share how ICP is enabling energy efficiency financing to become a mainstream financial asset class with the high degree of standardization, predictability and scale that investors demand.
The panel will further discuss ICP and its relationship to a variety of efforts, including:
- The Connecticut Commercial PACE program and how standardized technical underwriting is leading to significant demand and investor engagement.
- How Texas “Pace-in-a-Box” is developing a standard PACE model to harmonize Commercial PACE programs ramping up across the state.
- Clean Fund, one of the leading Commercial PACE investors, and how standardization leads to increased opportunities for business and investor confidence.
Experts from the Commercial PACE and energy efficiency sector will be leading the panel, including:
- Matt Golden, ICP Lead and Senior Energy Finance Consultant with EDF
- David Gabrielson, Executive Director of PACEnow
- Brian McCarter, CEO of Sustainable Real Estate Solutions
- Charlene Heydinger, Executive Director of Keeping PACE in Texas
- John Kinney, CEO of Clean Fund.