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2020 C-PACE Year in Review Released

Philadelphia C-PACE’s 2020 first year of operation Year in Review can be found here.

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Harrowgate Project From Shift Capital Showcases Versatility Of C-PACE Financing

Repost from BisNow – October 25, 2020 Matthew Rothstein, Bisnow East Coast A new development and its use of a new financing tool have the potential to be a template for introducing more environmentally sustainable elements to nearly all forms of commercial real estate. Shift Capital last year announced the beginning of its J-centrel project in the Harrowgate…Read More

First Solar Project to Use C-PACE in Pennsylvania Closes in Philadelphia

FOR IMMEDIATE RELEASE:Tuesday, August 18, 2020 CONTACT:Maryrose Myrtetus, Philadelphia Energy Authority 215-431-5641 (cell)mmyrtetus@philaenergy.org Philadelphia, PA – The Philadelphia Energy Authority, Greenworks Lending, and the Capers Company LLC  announced today the financial close of the first project in Pennsylvania to use Commercial Property-Assessed Clean Energy (C-PACE) financing for a renewable energy project as part of a series of announcements being released…Read More

First Pennsylvania C-PACE Deal Inked: $1.5 Million of Energy and Water Efficiency Investments in Philadelphia

PHILADELPHIA ENERGY AUTHORITY FOR IMMEDIATE RELEASE DATE: JULY 17, 2020 CONTACT: Maryrose Myrtetus, Philadelphia Energy Authority, 215-431-5641 (cell), mmyrtetus@philaenergy.org Philadelphia, July 17, 2020 – The Philadelphia Energy Authority, Twain Financial Partners and SHIFT Capital announced today the financial close of the first project in Pennsylvania to use Commercial Property-Assessed Clean Energy (C-PACE) financing. SHIFT Capital is…Read More

Roof Project? C-PACE Can Help With That.

Roof improvements are critical to building health and efficiency. But they can also be expensive. Fortunately, C-PACE can finance roof improvements made in tandem with ongoing building improvements, roof work on new construction projects, and rooftop projects like solar and green roofs. There are a variety of roof improvement projects that can increase a building’s…Read More

Using C-PACE to Free Up Capital and Reduce Costs in the Covid-19 Economy

As individuals and businesses across the country continue to navigate the difficult Covid-19 situation, the Philadelphia Energy Authority continues to operate the Philadelphia Commercial Property-Assessed Clean Energy (C-PACE) program to help commercial building owners reduce their carbon footprints while improving their financial health. C-PACE provides long-term, fixed-rate and low-cost capital to commercial property owners for…Read More