Loans/Leases
A direct an obligation to the borrower and secured by the project
Property Assessed Clean Energy (``PACE``)
PACE financing is a tax assessment on the subject real estate billed through annual property tax assessments
Prepaid PPA
Project ownership is transferred to the power provider in exchange for lower payments
PACE Mezzanine Debt
A lower cost, mezzanine debt or equity alternative, using PACE financing in lieu of more expensive mezzanine debt or equity