The Carlyle Group (CG) made a strategic investment in North Bridge ESG LLC (North Bridge), with a commitment to provide up to $1 billion to facilitate the origination of commercial property assessed clean energy (C-PACE) loans by North Bridge. C-PACE financing, which North Bridge offers institutional clients in major U.S. markets, is a fixed-rate, long-term funding option backed by local property assessments. This financing mechanism is becoming popular among commercial real estate developers due to its abi ...