We're Live on Our PACE Financing Integration with K2 Clean Energy Capital
by Adam Gerza on Jan 17, 2017
commercial project financing
PACE financing
solar sales financing
After a 3-month soft launch, we’re going live on our financing integration with K2 Clean Energy Capital, a leading provider of Property Assessed Clean Energy (PACE) project financing for non-residential solar projects. This integration enables Energy Toolbase users to receive real-time, indicative PACE financing quotes and calculated financing payments for their projects. Users can instantly determine if a project is “in-the-black” by evaluating the avoided cost, financing payments, and project incentives all in one integrated proposal and cash flow statement.
Resource Guide:
Today we are publishing a resource guide that provides all the details on our PACE financing integration with K2. The guide includes instructions on how to sign-up, how to generate PACE quotes, K2’s suggested project inputs, and best practices for getting projects to the finish line.
K2 is focused exclusively on PACE financing in the commercial and industrial (C&I) segment. Many C&I solar developers are already familiar with the many benefits that PACE financing offers, including:
- ability to finance 100% of the project cost
- flexible financing terms of up to 20 years
- viewed as off-balance sheet financing
- financing secured against the property, which requires no personal or corporate guarantees
- ability to show positive cash flow in year 1 and throughout the entire duration of the project
About Energy Toolbase:
Energy Toolbase is an industry leading software platform for analyzing and proposing the economics of solar PV and energy storage projects. Hundreds of the leading renewable energy developers nationwide use our software-as-a-service product to accurately, objectively and transparently analyze their projects and create customer facing proposals. For more information or to request a free trial, visit: www.energytoolbase.com
Media contact:
Tracy Fosterling
Energy Toolbase
tracy.fosterling[at]energytoolbase[dot]com
866-303-7786 ext. 703
