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Philly C-PACE 2021 Year in Review Released

Philadelphia C-PACE completed its second year of operation with five projects receiving C-PACE financing. Details on the projects, outlook for C-PACE in Pennsylvania and more can be viewed here.

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Rhoads Industries closes $15MM C-PACE financing

The largest C-PACE financing in Philadelphia and Pennsylvania The Navy Yard Building 57 (“Building 57”), home to Rhoads Industries, located at 1900 Kitty Hawk Avenue, Philadelphia, PA 19112, utilized $15 Million of Commercial Property Assessed Clean Energy (C-PACE) capital to finance the high efficiency interior and exterior improvements incorporated into the renovation of approximately 270,000…Read More

Kirkbride Center uses C-PACE

The Philadelphia Energy Authority completed its 5th C-PACE financing in Philadelphia. The Kirkbride Center, a historic health services center in West Philadelphia, obtained $4.33MM in C-PACE financing for upgrades to its boiler and chiller plants.

Using C-PACE for Retroactive Financing

Philadelphia Energy Authority, by Lennal Kalawa and Lisa Shulock  Commercial Property Assessed Clean Energy (C-PACE) is a financing tool that facilitates the placement of private capital – with favorable terms and conditions – in order to improve the energy and water performance of commercial buildings. Nationwide, this tool has primarily been used to fund building…Read More

Energy Efficiency and COVID-19 Safety Measures: Can You Have Both?

Philadelphia Energy Authority – November 10, 2020 By Lennal Kalawa and Lisa Shulock Philadelphia Energy Authority held a webinar about energy efficiency and COVID-19 mitigation in commercial buildings. The session covered operational adjustments and capital improvements to protect occupants’ health and manage energy use in commercial buildings. Lisa Shulock from the Philadelphia Energy Authority moderated…Read More