Aquarian Holdings has made a significant investment in PACE Equity, a reputable provider of funding for commercial property-assessed clean energy projects based in Milwaukee. This partnership will see Aquarian take on the majority share of PACE Equity and provide up to $1 billion in financing, enabling the company to expand its debt financing projects and significantly increase its capacity.
Founder and Managing Partner of Aquarian, Rudy Sahay expressed his enthusiasm for this partnership stating that C-PACE projects offer long-term stability which makes them an attractive opportunity. DLA Piper acted as legal advisor to Aquarian while Gibson, Dunn & Crutcher LLP provided legal advice to PACE Equity. Guggenheim Securities LLC served as financial advisor.
PACE Equity’s Founder and President Beau Engman also shared his excitement about working with such a strong partner like Aquarian who will help them reach new markets faster and unlock more opportunities for growth. This acquisition marks another milestone for both companies as they continue their mission towards sustainable energy solutions.
