Financing Amount: $5,215,000

Property Summary: On December 19, 2023, the Philadelphia Energy Authority, Nuveen Green Capital and 2008 N Broad Street LLC closed on C-PACE financing for energy efficiency andwater conservation measures being installed during the construction of 2008 N. Broad St., a multifamily property located at 2008 N.… Broad Street.

Financing Amount: $26,551,233

Property Summary: On November 30, 2023, the Philadelphia Energy Authority, Northbridge ESG LLC, and L-A Battery QOZ LLC closed on C-PACE financing for energy efficiency and waterconservation measures installed during the construction of the mixed use property located at 1325 Beach Street. Six of twelve separate… condo units comprising the Battery have C-PACE assessments totaling $26,551,233.

Financing Amount: $7,500,000

Property Summary: On August 23, 2023, the Philadelphia Energy Authority, Nuveen Green Capital and TLSIC P3, LLC and Liberty Square P3, LLC closed on C-PACE financing forenergy efficiency and water conservation measures installed during the construction of Phase III of Liberty Square, a mixed use multifamily… and commercial property located at 1214 & 1252 N. American Street.

Financing Amount: $997,706

Property Summary: On June 2, 2023, PACE Equity, the Philadelphia Energy Authority and ACG 2315 Front, LLC, the owners of 2315-2325 N. Front Street, closed on financingfor energy efficiency and water conservation measures for a newly constructed multifamily/mixed use property in East Kensington.  The property is… known as the Bromley Loom House. It is a 63-unit multifamily property with two commercial units. 

Financing Amount: $40,000,000

Property Summary: On February 28, 2023, the Philadelphia Energy Authority, Nuveen Green Capital and Spring Philadelphia Owner, LLC closed on C-PACE financing for energy efficiency and waterconservation measures to be installed during the construction of a new 329-unit multifamily property with ~14,000 SF of retail  located… at 416-438 Spring Garden Street a/k/a 499 North 5th Street.  The planned development is located in the Callowhill neighborhood of Philadelphia. It will be a 10-story brick and glass construction and as-designed is expected to be 30% more energy efficient than required by Philadelphia’s building energy code. The energy survey was prepared by EE Consultants LLC.

Financing Amount: $17,914,777

Property Summary: On February 10, 2023 the Philadelphia Energy Authority, Nuveen Green Capital and Somerset Street Station LLC closed on C-PACE financing for energy efficiency and waterconservation measures to be installed during the construction of a new 220-unit multifamily development located at 2200 E. Somerset Street.  The… planned facility is located in the Port Richmond neighborhood of Philadelphia. The building as designed is expected to be 26% more energy efficient than required by Philadelphia’s building energy code. The energy survey was prepared by EE Consultants LLC.

Financing Amount: $30,083,709

Property Summary: On November 30, 2022, the Philadelphia Energy Authority, Nuveen Green Capital and BGFP Philadelphia LLC closed on C-PACE financing for energy efficiency and water conservation measures to be installed during the construction of a new cold storage facility located at 2201 E. Allegheny Avenue.  The planned… facility is located in the Port Richmond neighborhood of Philadelphia. It will be a 168K SF facility. The facility as designed is expected to be 30% more energy efficient than required by Philadelphia’s building energy code. The energy survey was prepared by Pennoni.

Financing Amount: $3,083,268

Property Summary: On May 4, 2022, the Philadelphia Energy Authority, Nuveen Green Capital and 4002-22 Ridge Ave II, LLC closed on C-PACE financing for energy efficiency andwater conservation measures to be installed during the construction of a new 756-unit self-storage facility located at 4002-22 Ridge… Avenue. 

Financing Amount: $8,123,443

Property Summary: The Philadelphia Energy Authority, Nuveen Green Capital and South 19th Street LP closed on C-PACE financing for energy efficiency and water conservation measures installed duringthe construction of the Motto by Hilton Hotel located at 29-31 S. 19th Street.  This 252-room new construction hotel is located… in the Rittenhouse neighborhood of Philadelphia. Construction was completed in December 2019 and the hotel opened as the POD Philly only months before temporarily closing due to pandemic restrictions. The hotel reopened in spring 2021 as the Motto by Hilton Philadelphia Rittenhouse Square. This C-PACE financing is retroactive and enabled by Philadelphia’s temporary extension of retroactive financing of up to 30 months due to the impact of COVID-19 on commercial real estate capital markets.

Financing Amount: $4,109,825

Property Summary: The Philadelphia Energy Authority, Greenworks Lending LLC and Unit 1 Partners LP and 123 S. Broad Partners LP executed the financial close to use C-PACEfinancing for an energy efficiency project for two units at 123 S. Broad Street. C-PACE is financing energy and water efficiency… upgrades for Units 1 & 2 at 123 S. Broad Street.  The project includes Lighting Retrofit, Air Handling Unit Refurbishment, New Direct Digital Controls,  Water Fixture Retrofit, Convert Constant Volume System to Single Zone Variable Air Volume, Steam Distribution Improvements, Chiller Repair, and Convert Cooling Tower to Variable Flow. C-PACE financing is projected to contribute to the annual reduction of 2,835,067 pounds of CO2-e.  This translates to annual financial savings of more than $232,600. The project will also reduce the building’s carbon footprint by 33,435 metric  tons of CO2-e emissions over the life of the project.

Financing Amount: $25,571,281

Property Summary: The Philadelphia Energy Authority, Counterpointe Sustainable Real Estate LLC and KPG-IMW Owner, LLC  executed the financial close to use C-PACE financing for an energy efficiencyproject for 100 S. Independence Mall West. “100 IMW” was originally designed by Pietro Belluschi and completed in 1965. The… nine-story property was formerly known as the Rohm and Haas Building and is listed on the National Register of Historic Places. Energy efficiency measures financed include high efficiency HVAC, interior LED lighting and controls, building envelope (roof and wall) systems and water fixture upgrades.  This iconic building, overlooking Independence Mall, is the new headquarters of Macquarie Investment Management. Keystone Property Group is the property manager.  

Financing Amount: $15,000,000

Property Summary: The Philadelphia Energy Authority, CCG PACE Funding and Industrial Metals Manufacturing (Rhoads) executed the financial close to use C-PACE financing for an energy efficiency projectfor Rhoads Industries’ Building 57. The building was originally built by the U.S. Navy in 1919 and was in significant… disrepair when purchased by Rhoads in 2014. The project is a substantial renovation of ~2/3 of the building’s footprint. Energy efficiency measures financed include high efficiency HVAC, interior LED lighting and controllers, building envelope (roof and wall) systems. Energy savings calculations are based on improvements above IECC-2018, Philadelphia’s energy code baseline. The building is located at 1900 Kitty Hawk Ave at the Philadelphia Navy Yard.

Financing Amount: $4,333,846

Property Summary: The Philadelphia Energy Authority, Counterpointe SRE and Kirkbride Realty Corporation executed the financial close to use C-PACE financing for an energy efficiency project for theKirkbride Center. The project is a renovation of the boiler plant and retroactive renovation of the chiller plant for the… Kirkbride campus. The Kirkbride Center is a six-building campus with ample open green space. The 390,000 square feet of living, healthcare and office space will benefit from an improved healing environment with a renovation of its heating and cooling plant. The project is located at 111 N.49th Street in West Philadelphia.

Financing Amount: $1,087,155

Property Summary: The Philadelphia Energy Authority, Greenworks Lending LLC and Golaski Labs, LP executed the financial close of Golaski Labs to use C-PACE financing for an energy efficiency andwater conservation project. The project is a substantial renovation of an existing two-story building, connected to a new multifamily residential tower. C-PACE financing… is for the 25,000 SF of commercial space to house a restaurant, offices, makerspace and a multi-cultural co-working community. C-PACE is only being used to fund improvements in the commercial portion of the building. The building is located at 4537 Wayne Avenue in the Germantown neighborhood of Philadelphia.

Financing Amount: $6,000,000

Property Summary: The Philadelphia Energy Authority, Enhanced Pace Finance LLC and Holy Ghost I, LP executed the financial close of The Met Philadelphia to use C-PACE financing foran energy efficiency project. The project is a substantial renovation of an existing performing arts theater originally built in 1908. The 133,000… SF building was redeveloped into a live-entertainment theater with a total capacity of more than 4,000 people.

Financing Amount: $559,469

Property 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 energyproject. Capers Company LLC is borrowing $559,469 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.

Financing Amount: 1,500,000

Property 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 theKensington-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.