Winston & Strawn Represents Petros PACE Finance, LLC

Winston & Strawn represented Petros PACE Finance, LLC, the leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, in the $89,000,000 C-PACE transaction for the iconic 111 Wall Street building in the first ever C-PACE deal completed as part of New York City's recently launched C-PACE program.

The funding is also the largest single C-PACE transaction ever closed in the United States since the financing structure debuted more than 10 years ago to help make sustainability improvements more affordable for property owners.

Press release: https://www.prnewswire.com/news-releases/petros-pace-closes-record-89-million-c-pace-financing-in-the-first-c-pace-transaction-ever-completed-in-nyc-helping-1-2-msf-tower-reduce-carbon-footprint-301314145.html?tc=eml_cleartime

Winston Team:

•            Peter Morgan, Lead Partner, New York

•            Sean Kelly, Partner, New York