DiPerna Advisors has been one of the leaders in structuring and providing PACE financing solutions for projects throughout Ohio and assisted in the creation of five PACE financing programs for its clients.
Property Assessed Clean Energy
A federal initiative that was adopted by Ohio in 2011, Property Assessed Clean Energy (or "PACE") is an innovative financing mechanism that allows energy efficiency and alternative energy assets to be financed and secured by the property.
Since PACE was adopted, DiPerna Advisors has been one of the industry leaders in implementing, structuring, and closing over $100 million in PACE financing.
PACE Financing Programs
DiPerna Advisors advised the State of Ohio, the Toledo-Lucas County Port Authority, the Columbus-Franklin County Finance Authority, the Development Finance Authority of Summit County and the Dayton-Montgomery County Port Authority in the establishment of their respective PACE financing programs. These programs finance energy efficiency and alternative energy assets ranging from $500,000 to $7,500,000 in investment.