MILWAUKEE, Wisc., August 19, 2025
PACE Equity, the leader in Commercial PACE (Property Assessed Clean Energy) financing, expanded its groundbreaking financial product, CIRRUS Low Carbon, with the introduction of the first whole-building ECI target-based initiative in the U.S., CIRRUS Zero Carbon.
CIRRUS Zero Carbon is part of the CIRRUS C-PACE product set, which financially rewards building owners with a reduced financing rate when they build, renovate, or refinance with a higher efficiency design. The goal of CIRRUS Zero Carbon is to neutralize carbon emissions by optimizing energy-consuming systems and generating renewable energy to offset any remaining energy use. The program includes a compliance path for GBI’S Green Globes and Journey to Net Zero certifications.
CIRRUS Low Carbon has been in the market for over 3 years and has funded over $160 million for projects across the U.S. in a variety of asset classes. With the CIRRUS Low Carbon program, average financial benefits — interest savings, energy savings, and property value — outweigh any incremental costs by a factor of 18 to 1 over a 10-year period.
Buildings that are on the path to certification or have already achieved a Three Green Globes rating, or those with a Certified rating for Journey to Net Zero are automatically eligible for lower cost CIRRUS C-PACE financing.
“CIRRUS Zero Carbon directly aligns financial incentives with the sustainable outcomes that GBI’s Green Globes and Journey to Net Zero certifications are designed to achieve,” said Vicki Worden, CEO of GBI. “By linking preferred pricing with high-performance buildings, we can accelerate the market’s transition to a zero-carbon future while delivering long-term value to owners, occupants, and communities.”
To date, GBI has certified nearly one billion square feet of commercial real estate, working with project teams to guide design, provide timely feedback, and assess operational performance.
“The CIRRUS Zero Carbon program offers a significantly reduced capital cost when your building reaches net zero carbon emissions,” said Beau Engman, president and founder of PACE Equity. “PACE Equity has partnered with GBI to provide a financial reward for building better.”
By including Green Globes and Journey to Net Zero certifications, PACE Equity is empowering developers with a financial reward for designing and building efficient buildings.
For more information on C-PACE financing and capitalizing on lower rates for lower carbon buildings with the CIRRUS C-PACE program visit: www.pace-equity.com.
About PACE Equity
With deep C-PACE experience and a direct lending model, PACE Equity brings certainty to your capital stack. With almost $1 billion funded and $2 billion in committed capital, we provide long-term, low-cost, non-recourse financing that enhances returns and moves projects forward. We offer binding commitments and end-to-end management that developers trust. Learn more at pace-equity.com.