What distinguishes a 'closed' C-PACE program from an 'open' one?
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A
Closed programs restrict financing to government-owned properties; open programs are for private owners
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B
Closed programs work with a pre-approved list of capital providers; open programs allow any qualified lender to participate
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C
Closed programs only fund solar projects; open programs fund all clean energy types
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D
Closed programs require federal approval; open programs are state-only initiatives