Projects

Closed Projects

As C-PACE projects reach financial close, they will be listed below in accordance with the public notice requirement in Section 4306 of the Pennsylvania C-PACE Statute. 

5534-46 Pulaski Avenue

Financing Amount: $519,020

Project Summary:

Greenworks Lending and the Capers Company LLC executed the financial close of the first project in Pennsylvania to use C-PACE financing for a renewable energy project. Capers Company LLC is borrowing $519,020 in C-PACE financing from Greenworks Lending to pay for a 212 kilowatt solar system built by K.E.S. LLC on the roof of the Flying Horse Center building.

Download

J-centrel

Financing Amount: $1,500,000

Project Summary:

SHIFT Capital borrowed $1,500,000 in C-PACE financing from Twain Financial to pay for energy and water efficiency upgrades to a new mixed-use development in the Kensington-Harrowgate neighborhood of Philadelphia.  The C-PACE measures include LED lighting, window replacements with insulation and low-e glazing, energy recovery units, variable refrigerant flow heat pumps, and low-flow plumbing.

Download
Load More

Sample Projects

The projects below have closed in other markets and are examples of how C-PACE could be used in Philadelphia. 

University Club (Milwaukee)

Financing Amount: $1,500,000

Project Summary:

SHIFT Capital borrowed $1,500,000 in C-PACE financing from Twain Financial to pay for energy and water efficiency upgrades to a new mixed-use development in the Kensington-Harrowgate neighborhood of Philadelphia.  The C-PACE measures include LED lighting, window replacements with insulation and low-e glazing, energy recovery units, variable refrigerant flow heat pumps, and low-flow plumbing.

Download

Audi Field (Washington, D.C.)

Financing Amount: $25,000,000

Project Summary:

The D.C. United soccer stadium used $25 million of C-PACE financing to fund solar, LED lighting, high-efficiency HVAC, stormwater conservation and more. The PACE-funded measures will reduce energy use by 25%, cut CO2 emissions by 820 metric tons per year and retain 55,000 cubic feed of stormwater on site.

Download

The Radisson Hotel (Detroit)

Financing Amount: $2,121,278.80

Project Summary:

Hotel use C-PACE for “clean energy makeover” LED lights, reflective roof, low-flow faucets and toilets, HVAC systems and controls, pool dehumidification and more.

Download

860 Potomac (Aurora)

Financing Amount: $900,000

Project Summary:

The building owner used C-PACE to finance energy efficiency solutions, capital expenditures, and tenant improvements such as advanced building controls and high-efficiency HVAC systems. At no upfront cost, these investments improved the asset quality, significantly reduced operating expenses, and improved the comfort of the building for future tenants.

Download

Luella Hannan Memorial Foundation (Detroit)

Financing Amount: $908,696

Project Summary:

Non-profit organization uses C-PACE to pay for LED lighting, building controls, heating and cooling work, and a power systems upgrade.

Download

Prologis Energy Retrofit (San Francisco)

Financing Amount: $1,400,000

Project Summary:

Prologis chose PACE to fund energy efficiency and renewable energy upgrades including a 200 kW rooftop solar array.

Download
Load More

Ready to Apply?

Complete the Pre-Application Form on our Program Resources page or contact us for more information.

Learn More