Allectrify: A finance platform enabling institutions to offer C-PACE financing for energy upgrades.
Founded
2021
Allectrify is a finance platform that specializes in enabling banks, credit unions, and Community Development Financial Institutions (CDFIs) to offer Commercial Property Assessed Clean Energy (C-PACE) financing to property owners. The company focuses on energy upgrades and facilitates access to low-cost capital for projects of all sizes, making it easier for community lenders to fund C-PACE loans efficiently.
Founded in 2021 and headquartered in Ashland, Oregon, Allectrify is led by a team of experts dedicated to simplifying the C-PACE financing process. Their FASTPACE program is particularly notable for its ability to streamline funding for even small-scale projects, providing significant value to property owners and developers. The firm’s commitment to efficient execution and broad accessibility sets it apart in the energy finance sector.
Allectrify - Classification
Also Known As
Allectrify, PBC
NAICS
520000Finance and Insurance
522000Credit Intermediation and Related Activities