The time it typically takes to close on C-PACE financing can vary depending on the program specifics and jurisdiction. Generally, it can range from as quickly as one month to more typically aligning with the project development timeline, which might be more extended due to project delays or changes. In some cases, Petros PACE Finance indicates that closing can happen within 30-45 business days, provided that all necessary diligence is completed in a timely manner. Additionally, Colorado C-PACE notes that it typically takes about 60 days to close once a project is approved for financing.
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