Partner Emerson Lotzia summarizes the components of the Property Assessed Clean Energy (PACE) program, saying the program allows businesses to pay for energy retrofit equipment through their property tax bills and connects building owners, energy service companies (ESCO), lenders, and bondholders. He also provides an overview of the program’s three models, including the ESCO qualifications and energy contracting terms and conditions unique to each PACE model.
Author(s)
Related Insights
July 7, 2026
Foley Career Perspectives
BGCA Author Series Brings Magic and Make-Believe to Milwaukee Club Kids
July 7, 2026
Video
Ten Minute Interview: Reducing Transaction Risk
Brian Lucareli, director of Foley Private Client Services (PCS) and co-chair of the Family Offices team, sits down with Rob Nederhood, partner in Foley’s Transactions Practice Group, for a 10-minute interview on how family offices can reduce risk in M&A transactions.
July 6, 2026
Foley Viewpoints
QSBS Trust Stacking Comes Under the Microscope
First enacted in 1993, Qualified Small Business Stock (QSBS) has been one of the most powerful wealth-building tools for founders, early employees, and venture investors. Section 1202 of the Internal Revenue Code allows up to $15 million in capital gains to be shielded from federal taxes on the sale of qualifying stock, provided the stock is held long enough and the company meets the statutory requirements. That benefit became even more valuable after Congress expanded the exclusion in 2025.