- Global investment firm Carlyle (NASDAQ:CG) has announced a strategic investment into North Bridge ESG to provide up to $1B to facilitate the origination of commercial property assessed clean energy loans by North Bridge.
- This partnership leverages Carlyle’s strategic growth, real estate, and asset-backed finance expertise and enables North Bridge to address evolving market needs on a larger scale.
- As a private credit solution with flexible terms, C-PACE is increasingly sought after for its accretive benefits to commercial real estate capital stacks.
- The financing can be used for new construction projects, renovations, acquisitions, and retroactively for recapitalization opportunities.
- “We are excited to partner with Carlyle, an established leader in the private credit space, given their exceptional track record of partnering with companies to drive growth.” said Laura Rapaport, Founder and CEO of North Bridge.