State CPACE program explained to Roosevelt County as option for Navitas retrofit
Eric Christensen of the New Mexico CPACE program briefed the commission on Commercial Property Assessed Clean Energy financing, explained that counties must opt in by ordinance, described lien mechanics and administrative fees, and said Navitas is considering CPACE for a Roosevelt County retrofit project.
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Eric Christensen, manager for the New Mexico CPACE program and a representative of Adelante Consulting (program administrator), told the Roosevelt County Commission that commercial property owners and developers can use CPACE financing to fund energy efficiency, water conservation, renewable energy and resiliency projects, and that the program requires a county ordinance to opt in.
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