Petros PACE Finance

What Petros PACE Finance does

Petros PACE Finance, LLC is a private, balance-sheet funded direct originator of Commercial Property Assessed Clean Energy (C-PACE) financing, headquartered in Austin, Texas with 12 U.S. office locations and active in 19 states plus Washington D.C. Founded circa 2014 and structured as a Texas LLC, the company self-identifies as the leading and largest direct originator of balance-sheet funded C-PACE lending in the United States, with nearly $2 billion in directly funded transactions and billions in committed capital. It serves commercial property owners, developers, REITs, mixed-use developers, and municipalities seeking financing for energy efficiency, water conservation, renewable energy, and resiliency improvements.

The company's core offering is C-PACE financing structured as 100% financing of hard and soft costs for qualified Energy Conservation Measures, structured as non-recourse, fixed-rate debt with up to 30-year terms and LTV capacity up to 35% within a typical 95% CLTV capital stack, displacing mezzanine or equity capital. Differentiated capability includes integration of C-PACE into complex capital stacks alongside Historic Tax Credits, Tax Increment Financing, and New Market Tax Credits — evidenced by deals such as the Lincoln Sports Facility and the Marriott Syracuse Downtown adaptive-reuse project. Deal sizes to date range from roughly $979K (HELLER Machine Tools, Michigan) to $9.9M (Marriott Syracuse Downtown, New York).

Petros earns revenue through interest income on originated and held loans plus 1-3% financing fees per transaction, with approval cycles of 30-90 days and non-recourse treatment after construction. Its go-to-market is sales-led, relying on direct origination via 12 regional offices, developer partnerships, and dedicated REIT/institutional investor channels. The firm received a $10 million investment from A-Rod Corp in January 2018 and, as of available data, has not announced subsequent external funding rounds, operating with a 11-50 employee headcount nationally.

Name

Petros PACE Finance

Legal name

Petros PACE Finance, LLC

Website

https://petros-pace.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Petros PACE Finance is a private, Austin-based direct originator of C-PACE financing, providing 100% non-recourse, fixed-rate, up-to-30-year loans to commercial property owners, developers, and REITs for energy efficiency, water conservation, renewable energy, and resiliency improvements across 19 U.S. states.

Ownership category

akta.pro rank

Product category

Commercial Property Assessed Clean Energy (C-PACE) Financing

NAICS

Other Financial Vehicles (52599), Funds, Trusts, and Other Financial Vehicles (525)

SIC

Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

Energy Efficiency & Green Retrofit Financing (FSALAHAK)

akta.pro secondary industries

Project Finance & Capital Structuring (Debt/Tax Equity/Project Bonds) (EUAMAAAD), Large-Cap / Sponsor Finance Direct Lending (FSANADAJ)

Keywords

• C-PACE financing
• Commercial property lending
• Energy retrofit financing
• Clean energy lending
• Commercial real estate finance

Headquarters

HQ city

Austin

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. C-PACE Lending/Financing: Petros PACE Finance provides direct lending services for C-PACE financing. They fund energy efficiency, water conservation, renewable energy, and resiliency projects for commercial properties. Revenue is generated through interest and fees on financed projects. The company is the largest direct originator of balance-sheet funded C-PACE lending in the country with nearly $2 billion in directly funded transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Petros PACE Finance is a direct originator of Commercial Property Assessed Clean Energy (C-PACE) loans, providing 100% financing for energy efficiency, water conservation, renewable energy, and resiliency measures on commercial properties. The company underwrites and funds C-PACE assessments for retrofits, new construction, and refinancing, with fixed-rate terms up to 30 years and the ability to provide up to 35% LTV within a project's capital stack.

Product overview

Petros PACE Finance offers a unified C-PACE (Commercial Property Assessed Clean Energy) financing platform as its core product. The company provides 100% financing for Energy Conservation Measures including energy efficiency, water conservation, renewable energy, and resiliency improvements for commercial properties. Their offerings span retrofits, new construction, and refinance solutions, with the ability to fund up to 35% LTV in capital stacks. The C-PACE product integrates into complex capital stacks alongside Historic Tax Credits (HTCs), Tax Increment Financing (TIF), and New Market Tax Credits (NMTCs). With nearly $2 billion in directly funded transactions across 18+ states plus Washington D.C., Petros is the largest direct originator of balance-sheet funded C-PACE lending in the country.

Differentiator

Problem solved

Functional benefit

Products and services

• C-PACE Financing Core direct-origination C-PACE financing product providing 100% financing for qualified Energy Conservation Measures on commercial properties across energy efficiency, water conservation, renewable energy, and resiliency. Funds up to 35% LTV in capital stacks with fixed-rate terms up to 30 years.
• C-PACE for Retrofits C-PACE financing tailored to existing commercial properties undergoing energy efficiency and resiliency upgrades, eliminating upfront capital outlays for owners.
• C-PACE for New Construction C-PACE financing for ground-up new construction projects, enabling sustainable building designs that might otherwise be value-engineered out of projects.
• C-PACE Refinance C-PACE refinancing solutions for commercial properties seeking to fund energy improvements through existing C-PACE programs.
• REIT C-PACE Financing C-PACE financing solutions tailored for Real Estate Investment Trusts, with the ability to integrate alongside Historic Tax Credits, Tax Increment Financing, and New Market Tax Credits in complex capital stacks.

Quantifiable outcome

• Up to 37% reduction in energy use
• +5 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Lone Star PACEcoreStrategic or Co-development Partner · 18 December 2025Petros PACE Finance and Lone Star PACE co-originated a $3.6 million C-PACE financing for a six-building industrial project in Denton, Texas. The partnership facilitates energy-efficient systems expected to reduce energy use by 37%, supporting regional growth and sustainability efforts.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/petros-pace-finance
• Xx.com/petros_pace

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petros PACE Finance