Mayfly Uses $1 Million in C-PACE Financing to Build New Headquarters Project incorporates energy efficiency into building design C-PACE CASE STUDY brought to you by SRS C-PACE facilitated $994,500 in affordable, long-term, non-recourse financing for Mayfly Outdoors’ new headquarters. (Because the new building’s design complies with the 2015 IECC, Mayfly was eligible for C-PACE financing for up to 15 percent of the project’s construction cost.) Dragoo used the financing to displace a portion of traditional debt, lowering the company’s weighted average cost of capital. To ensure that its new manufacturing facility would be as efficient as possible, and therefore less expensive to run, Mayfly’s architect designed the building to comply with the 2015 International Energy Conservation Co

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