While the U.S. is experiencing an era of exciting growth in energy innovation and finance, many building owners and developers still struggle to find the capital they need and financial products that work for their specific projects. This luncheon will provide a deep dive into the state of the Commercial PACE financing market in Texas and will cover resources that will help building owners and developers demystify and access financing. Presenters will discuss the nuances of C-PACE, the value proposition, case studies and best practices for communicating to decision makers within your organization.
Petros PACE Finance – Rachel Davis
Petros is the leading financier of long-term capital for energy efficiency, renewable energy, water conservation and seismic upgrades to commercial, multifamily and industrial properties in the U.S. It is one of the first specialty finance firms in the U.S. to dedicate all of its resources to the commercial PACE market nationwide. To date, Petros has funded projects in nine states plus the District of Columbia, including the co-funding of the largest commercial PACE project in the United States at $40MM. Prior to joining Petros, Rachel spent almost 15 years with NRG Energy (and its predecessor Reliant Energy) working with commercial clients to manage commodity price risk in ERCOT and PJM and leading a national business development team pursuing onsite/offsite solar, wind, community solar, energy efficiency and CHP projects with Fortune 500 clients.
Texas PACE Authority – Marina Badoian Kriticos
Marina serves as a member of Texas PACE Authority through HARC (Houston Advanced Research Center). Previously at the Institute for Market Transformation, Marina was a City Energy Project Senior City Advisor where she focused on expanding energy and water efficiency in the built environment and helped the City of Houston develop programs and policies that will lead to a healthier and more prosperous city. As the Sustainability Director for the International Facility Management Association (IFMA), Marina drove sustainability initiatives and developed tools for market innovation.