Invest in better buildings with PACE
What’s New at VPA
The Shenandoah Nature Resort Uses $65M for Energy Efficiency Upgrades Making it the Largest C-PACE Financing in Virginia!
Read more here.
Our “C-PACE Financing Making Waves in Virginia’s Commercial Real Estate Marketplace” webinar was held on March 10.
View the presentation PDF here. Watch the webinar video here.
City of Richmond Celebrates First Use of C-PACE Program to Support Sustainable Downtown Redevelopment.
Read more here.
What is C-PACE?
C-PACE (Commercial Property Assessed Clean Energy) is an innovative clean energy financing tool that provides 100% upfront capital to property owners who want to upgrade their buildings with energy efficiency, renewable energy, and water management systems. Learn more from this overview and visit our Resources library.
Who is the Virginia PACE Authority?
Virginia PACE Authority (VPA) is a 501(c)(3) nonprofit organization that is the administrator for the statewide C-PACE program in Virginia known as VA C-PACE. The VA C-PACE program offer a uniform, cost-effective and highly innovative C-PACE program platform that fosters greater economic development activity and promotes the Commonwealth’s clean energy goals.
As the program administrator, VPA works with commercial businesses, property owners, contractors, and local governments to facilitate the financing of energy efficiency, renewable energy and resilient projects on both existing buildings and new developments. Abacus Property Solutions provides VPA with design and management services related to C-PACE in the Commonwealth.