Collectivepace
unlock the potential of solar powerA SOLAR-FINANCING PARTNERSHIP MADE JUST FOR NONPROFITS AND TAX-EXEMPT ORGANIZATIONS
CollectivePACE™ is a collaboration between CollectiveSun, a company exclusively dedicated to helping nonprofits and tax-exempt organizations fund solar projects, and Greenworks Lending from Nuveen, the leading commercial PACE capital provider. By combining solar lease financing models and state-legislated C-PACE programs, CollectivePACE helps nonprofits go solar through the monetization of tax credits and financing terms that provide positive cash flow from day one.
Designed for nonprofit solar success
Solar for nonprofits can be a challenge when an organization can’t monetize solar tax credits and benefits. CollectivePACE™ delivers this value through a 12% or more discount off the solar system price. In exchange, CollectiveSun owns and operates the system and guarantees that the nonprofit or tax-exempt organization gets top solar performance. Nonprofits are also able to leverage the ownership of their property to secure affordable long-term financing through C-PACE to cover the remaining 88% of the system’s cost.