Loanetics Fund X
Property Assessed Clean Energy loans for commercial and residential energy efficiency, renewable energy, and resilience improvements with senior-priority tax lien security.
What Fund X does.
Loanetics Fund X originates and administers Property Assessed Clean Energy loans for commercial and residential building energy efficiency, renewable energy, and resilience improvements repaid through property tax assessments with senior-priority municipal tax lien security.
The fund also originates green financing products including C-PACE, WHEEL program participation, and municipal utility on-bill financing instruments. Capital is deployed in partnership with state PACE program administrators, energy efficiency service companies, and commercial mortgage servicers.
The fund targets commercial real estate owners seeking long-duration capital for improvements generating energy savings and regulatory compliance.
Key terms
| Sector | PACE and Green Energy Finance |
| Vehicle | Delaware Limited Partnership |
| Target Fund Size | $7.144B |
| Net IRR Target | 10–14% net IRR |
| Preferred Return | 8% compounded annually |
| Carried Interest | 15% above 8% pref (100% GP catch-up) |
| Minimum LP Commitment | $2,000,000 |
| Auditor | PwC |
| Fund Counsel | LePore Law Group |
| Governance | LP Advisory Committee |
Who Fund X serves.
Commercial real estate owners deploying capital into energy, resilience, and efficiency improvements — plus energy service companies and residential energy retrofit originators.
Apply for FinancingHow the loans are structured.
- ◆ Senior-priority tax lien security
- ◆ C-PACE and WHEEL instruments
- ◆ Utility on-bill finance
- ◆ State program administrator partnerships
- ◆ Long-duration capital deployment
Interested in Fund X? Qualified LP investors can request the fund deck, PPM, LP subscription package, and audited platform financials through Investor Relations. Borrowers can submit a loan application directly through the Borrower Intake portal.