New Money.
owner is using C-PACE to renovate
a historic property in the heart of
Baltimore City.
with C-PACE Funding.
energy efficiency, water efficiency, environmental
remediation, air quality and resiliency improvements
with no money down.
With C-PACE Financing
C-PACE Financing
Investment
The Maryland Commercial Property Assessed Clean Energy (MDPACE) Program is a C-PACE program offered statewide that provides turn-key, low cost, standardized C-PACE program services to property owners, capital providers, contractors and local governments in the state of Maryland.
For Property Owners
With C-PACE, property owners benefit from no money down and extended repayment terms. They can realize positive cash flow from day one.
For Contractors
Contractors can use C-PACE to fund projects that would not get funded otherwise and to incorporate valuable energy efficiency measures into a project.
For Capital Providers
For Capital Providers
For capital providers, C-PACE is a financing product secured by the property and a method of improving the value of existing assets.
For Government
For Government
C-PACE is a means for governments to improve economic development and energy efficiency, all without using tax payer funds.
The MDPACE Program is Built on Three Principles:
Keep it Low Cost and Simple
Establish clear, concise guidelines and transparent processes without high fees.
Keep it Open
Catalyze innovation and promote growth through open market innovation.
Keep it Standard
Enable scale by implementing one set of rules for capital providers and contractors.
Who We Are
The Maryland Clean Energy Center (MCEC) is an instrumentality of the state created with an economic development mission. The mission of MCEC is to advance the adoption of clean energy solutions along with energy efficiency products, services and technologies to help create jobs. MCEC works to leverage private sector investment to implement public sector energy goals to enable homeowners and businesses as well as institutional and municipal consumers reduce their energy costs.
Abacus Property Solutions (Abacus) was recently selected by the Maryland Clean Energy Center (MCEC) as the new administrator for the Maryland Commercial Property Assessed Clean Energy (MDPACE) Program. Abacus is a woman-owned real estate advisory firm, specializing in the development and financing of clean energy projects in commercial buildings, including financing, advising commercial building owners, lenders and public sector clients in PACE project and program development including crafting of PACE legislation, creating program guidelines, and launching and administering PACE programs.