Jessica Bailey Bailey: “The application of C-PACE to finance a wide range of energy upgrades has very exciting possibilities.”

SAN DIEGO—C-PACE is a terrific tool for commercial building owners looking for a zero-money-down solution to upgrading their building and dropping their operating expenses, the Stamford, CT-based Greenworks Lending’s CEO Jessica Bailey tells Greenworks recently finalized a national partnership with locally based Renovate America, a leading provider of Property Assessed Clean Energy financing, to spur efficiency and renewable-energy investments on commercial buildings.

Under the national partnership, Greenworks and Renovate America will begin offering commercial PACE financing through the HERO Program in Missouri. The partnership will expand to other HERO markets as the program grows around the country. Greenworks currently offers commercial PACE in Connecticut, Maryland, Rhode Island, Ohio, Texas and the District of Columbia. HERO residential PACE financing is currently offered in Missouri and California and is set to expand to Florida this year.

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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