(MENAFN- ACCESSWIRE) ST. PETERSBURG, FLORIDA / ACCESS Newswire / July 10, 2025 / The formation of Sustainable Credit Partners (SCP), a transformative private lender for commercial real estate focused on accelerating decarbonization and value retention in the U.S. mid-market commercial property sector, is announced today by the founding partnership of Conduit Capital U.S. (CCAP), Climate First Bancorp , and GreenGen , SCP will broaden access to nationwide financing for underserved mid-market U.S. real estate owners through a new private credit program that combines capital for energy efficiency retrofits, advanced technical expertise, and first mortgage financing in a simplified way.


Climate First Bancorp
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Commercial Real Estate (CRE) stands at the intersection of need and opportunity. It is grappling with maturing debt, mounting regulatory requirements, and a growing threat of the "brown discount" negatively affecting the value of less sustainable assets. The CRE market is poised for a streamlined solution to finance future-looking building upgrades and new green construction refinancing. According to S&P Global, over $3.4 trillion in U.S. commercial real estate loans will mature between 2025 and 2027, many issued during periods of historically low interest rates. At the same time, 80% of existing U.S. buildings require retrofits to meet emerging decarbonization targets, according to a 2022 report by Jones Lang LaSalle (JLL). New regulations are ramping up enforcement on energy and carbon standards, often with financial penalties for non-compliance-further compounding the urgency for sustainable upgrades, regardless of sustainability goals of the property. For both highly levered recently completed green construction and buildings exposed to a brown discount risk, the need for flexible bridge capital persists.

SCP solves this mid-market borrower need by integrating climate risk expertise into every step of the loan origination and asset management process. This approach creates a scalable framework to tackle these critical challenges while driving the adoption of solutions that reduce carbon emissions and help future-proof each asset. SCP's loan process is designed to meet the borrower where they are. If they have an existing asset, SCP provides analysis of potential energy efficiency and resiliency projects that the borrower can implement to deliver cost savings and drive asset value with the proceeds from SCP loans. For already green assets, SCP provides a welcome source of flexible financing. Unlike single-purpose green financing, SCP offers an end-to-end solution with in-house technical advisory and flexible first mortgage capital all in one simple loan vehicle.

"Our goal at Conduit Capital is to develop unique solutions and operationalize them to bend the curve of climate change," said Robert Zulkoski , Founder and Chief Executive Officer at Conduit Capital U.S. "The mortgage industry has a tremendous opportunity to catalyze the growth of U.S. building retrofitting. SCP will support improvements in energy efficiency, resiliency, and sustainability, and as a result increase the long-term value of the asset. SCP offers more than C-PACE can provide, in one streamlined package. We're excited to launch the SCP platform to open access to capital in a way that is cheaper, faster, and easier than other financing currently available, scaling energy efficiency and decarbonization across the built environment."

"Our team is thrilled about this partnership with SCP, which will enable CRE asset owners to reduce their operating expenses through flexible financing from a team experienced in green retrofit finance," said Chris Cucci , EVP and Chief Strategy Officer at Climate First Bank.

"GreenGen's technical expertise, coupled with our ability to engineer solutions that drive financial, and climate returns, uniquely positions us to transform middle-market properties. This partnership enables us to develop healthier communities while enhancing asset value and wealth in underserved markets," said Bradford Dockser, CEO and Co-Founder of GreenGen .

For more information, please visit or contact SCP at

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