Inland Green Capital LLC, an environmental finance and investment company based in Oak Brook, Illinois, announced that Jason Stringer has joined its team as vice president of business development, where he will oversee the firm’s strategic origination partnerships and development opportunities for the Property Assessed Clean Energy (“PACE”) program.
PACE is an innovative financing tool that provides long-term, fixed-rate funding to private building owners for energy efficiency, renewable energy, water conservation, electric vehicle charging and resiliency projects (“PACE projects”) to be installed in both existing or new commercial properties. To date, PACE programs have provided financing for over 2,500 commercial projects, totaling $2 billion in funding and has created nearly 22,400 jobs nationwide.
Stringer has been active in the PACE market since 2015, where he led the development of the PACE Wisconsin program and provided guidance on best practices for PACE programs throughout the country. In his previous role as director of business development for Slipstream, he approved and closed 38 PACE projects in Wisconsin and Illinois and oversaw assessment administration, direct billing and invoice remittance for approximately $45 million of PACE financings.
“We are thrilled to have Jason join our team,” said Mark Pikus, president of Inland Green Capital. “He brings more than 20 years of experience in real estate project finance, project development, municipal relations, sustainability and PACE program administration to this role, and his expertise will be valuable in the expansion of Inland Green Capital’s PACE program financing initiatives.”
Stringer earned his bachelor’s degree from Michigan State University and a master’s degree in real estate and urban land economics from the University of Wisconsin – Madison.