Business IncentivesProperty Assessed Clean Energy Program (PACE) « Back to Search Results
Category: State Incentives, Grants and Loans
MinnPACE, a division of the Saint Paul Port Authority, is the largest provider of PACE financing in the State of Minnesota.
Property Assessed Clean Energy (PACE) is an innovative finance solution for building owners interested in energy efficiency and renewable energy upgrades. The PACE structure overcomes financial challenges that hinder the adoption of such projects by eliminating upfront costs, providing low-cost, long-term financing and making it easy for building owners to transfer payment obligations to tenants, as well as new owners, in the case of sale.