North Carolina’s Gov. Roy Cooper Passes C-PACE into Law
This week, Gov. Roy Cooper signed the creation of the Commercial Property Assessed Clean Energy (C-PACE) program into law. Local governments would voluntarily participate in the program, thereby allowing commercial property owners within their jurisdiction to borrow from an approved set of lenders to make energy-efficiency and resiliency upgrades to their commercial, industrial, agricultural, nonprofit, and multifamily residential properties. The local government would then impose a property value assessment and lien on the property until the loan is paid off through property taxes.
Read more here.
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Clearwater is a New York-based national direct lender specializing in C-PACE Financing for Commercial Real Estate, spanning all asset types and geographies across the U.S. We offer low-cost, fixed-rate, long-term loans ideal for new construction or recapitalizations of recently completed projects. Our team of seasoned real estate investment professionals, with extensive expertise in structured finance, crafts tailored solutions that align with the Sponsor’s needs, including hedging away negative arbitrage and flexible prepayment options.
For more information, please visit us at www.c-pace.com or email us at info@c-pace.com.
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Clearwater is an institutionally capitalized direct C-PACE lender focused on deploying fast, flexible capital for bold, sustainable projects spanning all asset types and geographies across the U.S.
© Clearwater PACE, LLC 2026. All Rights Reserved.
