Oklahoma's C-PACE Financing Program Drives Clean Energy Investment with $100 Million in Funded Projects

Strategic Insights -

Oklahoma's Commercial Property Assessed Clean Energy (C-PACE) Financing Program is revolutionizing the state's approach to clean energy investment, with nearly $100 million in funded projects and a growing presence across the state. In Oklahoma City alone, C-PACE has provided over $42 million for energy-efficient building projects, featuring high-efficiency HVAC systems, energy-efficient exteriors, and water-saving measures. By offering long-term, low-interest financing, C-PACE improves energy and water conservation, building performance, and property resilience, making it an attractive option for private property owners and investors.

Key Takeaways:

  • The C-PACE program has funded nearly $100 million in energy efficiency and water conservation projects across Oklahoma.
  • In Oklahoma City, C-PACE has provided over $42 million for energy-efficient building projects, with features such as high-efficiency HVAC systems and energy-efficient exteriors.
  • The program has improved energy and water conservation, building performance, and property resilience for participating developments.
  • C-PACE has been instrumental in supporting the Alley North development, a mixed-use project that incorporates smart energy efficiency features and is expected to have a significant impact on the area.
  • The program's standardized framework simplifies access for property owners, developers, lenders, and contractors, facilitating private-sector participation in water and energy conservation.
  • By offering clean-energy financing with strong public-private alignment, Oklahoma's C-PACE program is positioning the state as a forward-thinking leader in energy-efficient development.
  • The program's success has led to the creation of jobs, conservation of resources, and economic growth through energy and water conservation projects.

Statistics:

  • $100 million: The total amount of funded projects through the C-PACE program in Oklahoma.
  • $42 million: The amount of funding provided by C-PACE for energy-efficient building projects in Oklahoma City.
  • 8: The number of local developments that have benefited from C-PACE funding in Oklahoma City.
  • 2025: The year the Alley North development broke ground, with support from C-PACE and the city's Tax Increment Finance (TIF) district.

Sources:

  • BridgeTower Media, "Oklahoma's C-PACE Financing Program Drives Clean Energy Investment with $100 Million in Funded Projects" (no date provided).