Lone Star PACE LLC

Lone Star PACE is a leading program administrator for Commercial Property Assessed Clean Energy (C-PACE) financing in Texas, established in 2017. Headquartered in Frisco, Texas, the company's core mission is to facilitate low-cost, long-term financing for energy efficiency, water conservation, and renewable energy improvements in commercial properties across the state. By doing so, Lone Star PACE aims to support sustainable development, enhance property values, and contribute to economic growth within Texas communities.

The firm serves as a crucial intermediary, streamlining the C-PACE process by acting as a liaison between commercial property owners, local governments (municipalities), and capital providers. Lone Star PACE administers C-PACE programs across numerous cities and counties throughout Texas, enabling property owners and developers to access advantageous financing for qualified improvements in new construction, renovations, and recapitalization projects. These services empower commercial property owners to undertake significant building upgrades without substantial upfront capital, leading to reduced operating costs and increased asset value.

Under the leadership of President Lee McCormick and COO Glenn Silva, Lone Star PACE has solidified its market position as a prominent administrator in the Texas C-PACE sector. The company received two prestigious industry awards in April 2026 for its administration of a $23.5 million C-PACE transaction for a Dallas-area multifamily development, including a PACESetter Award for Innovative Deal of the Year. In 2025, Lone Star PACE administered over $86.5 million in C-PACE financing across eight deals, demonstrating its significant impact on sustainable development in the state. Notable projects include facilitating $5.5 million in C-PACE financing for a Las Colinas office tower recapitalization and $2.4 million for medical office renovations in Collin County.