Lower Cost Financing For Lower Carbon Construction

Published by Facility Executive: PACE Equity and New Buildings Institute (NBI) have launched a new financing option that offers a differentiated cost of capital for building a lower carbon building. The approach, dubbed CIRRUS™ Low Carbon, encourages owners and developers to use C-PACE financing with lower rates when they build more efficient buildings, charting a practical and financially beneficial path to building decarbonization. The first and only program of its kind, CIRRUS™ Low Carbon is available for new construction and renovations based on the CIRRUS Low Carbon Design Specification for Low Carbon Financing, developed by NBI in partnership with PACE Equity.