GreenPACE Capital

What GreenPACE Capital does

GreenPACE Capital is a private commercial financing company that originates capital through the Property Assessed Clean Energy (PACE) mechanism, serving commercial property owners seeking to fund energy efficiency, renewable energy, and related building improvements. PACE financing is structured as a voluntary property tax assessment repaid over a multi-year to multi-decade horizon, with the assessment tied to the property rather than the owner, allowing repayment through the property tax bill. The company is headquartered in Laguna Beach, California, was founded in 2016, and operates with a headcount of 51–100 employees, which is consistent with a specialty finance firm of its stage that requires dedicated origination, capital markets, underwriting, and program-administration functions.

Beyond the core commercial PACE origination function, the available public data on GreenPACE Capital is limited. The company's website was inaccessible during data collection (displaying only a verification/loading page), and no specific products, pricing schedules, partner capital providers, contractor networks, or transaction volumes are disclosed. The only named leader is Boris Piskun, co-founder and managing partner. As a result, the precise technology stack, capital structure, and geographic footprint across PACE-enabled states cannot be detailed from the input. What can be stated is that the firm operates in a regulated, state-by-state commercial PACE market and has sustained operations for roughly nine years, which positions it within an established but still-fragmenting clean energy finance niche.

Name

GreenPACE Capital

Website

https://greenpacecapital.com

Company type

Private

Founded year

2016

Headcount range

51–100 employees

Short description

GreenPACE Capital is a private, Laguna Beach-based commercial PACE financing provider founded in 2016, serving commercial property owners seeking long-term capital for energy efficiency and clean energy building improvements.

Ownership category

akta.pro rank

Product category

Commercial PACE Financing

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Commercial Banking (522110)

SIC

Finance Lessors (6172)

akta.pro primary industry

Energy Efficiency & Green Retrofit Financing (FSALAHAK)

akta.pro secondary industries

Climate / Clean Tech & Decarbonization Funds (FSANAJAA), Energy & Power Infrastructure Funds (Generation, Transmission, Storage) (FSANAEAB)

Keywords

• Commercial PACE financing
• Clean energy financing
• Property assessed financing
• Energy efficiency loans
• Commercial real estate financing

Headquarters

HQ city

Laguna Beach

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Core offering

GreenPACE Capital provides commercial financing through the PACE (Property Assessed Clean Energy) mechanism, funding energy efficiency and clean energy improvements for commercial property owners. The company originates, underwrites, and manages PACE assessments that allow commercial real estate owners to finance upgrades with repayment tied to the property.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial PACE Financing Long-term, fixed-rate financing for energy efficiency, resiliency, and clean energy improvements on commercial properties, repaid through property tax assessments tied to the property.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves2 records

Direct peers

• PACE Equity Group: Direct C-PACE commercial financing peer. Provides property-assessed clean energy capital for commercial, multifamily, and industrial projects, overlapping with GreenPACE on product, customer base, and delivery mechanism.
• CounterPointe Energy Solutions: C-PACE specialty finance provider focused on commercial real estate. Direct competitor in originating and funding PACE assessments for energy efficiency and resiliency projects.
• CleanFund Commercial PACE Capital: National C-PACE capital provider financing energy, water, and seismic improvements for commercial properties. Highly comparable to GreenPACE in product offering and target customer.
• Petros PACE Finance: C-PACE lender serving commercial real estate owners nationwide. Competes directly with GreenPACE for C-PACE origination and capital provision.
• Figtree Energy Resources: C-PACE program administrator and capital provider in California and select western states. Competes with GreenPACE in shared geographies and customer segments.
• Greenworks Lending: C-PACE capital provider financing commercial clean energy and resilience upgrades nationwide. Direct product overlap with GreenPACE's commercial PACE focus.

Broad incumbents

• KeyBank Real Estate Capital: Large commercial bank with a C-PACE financing program and broader commercial real estate lending franchise. Larger incumbent competing for the same commercial property owners seeking green capital.
• JLL (Jones Lang LaSalle) Green Financing: Global CRE services firm offering sustainability advisory and capital solutions including PACE. Adjacent incumbent with broader capabilities touching GreenPACE's customer base.

Emerging players

• Aligned Energy Capital: Specialty finance firm focused on C-PACE and clean energy capital for commercial real estate. Smaller and more emerging specialist that competes in overlapping deal flow.
• Norton Capital (C-PACE): Specialty finance firm providing C-PACE and other alternative capital for commercial building improvements. Smaller emerging player competing in adjacent segments of the same market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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 GreenPACE Capital