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The Inflation Reduction Act (IRA) and Commercial Properties

The Inflation Reduction Act (IRA) of 2022 was signed into law by President Biden on August 16, 2022. This truly historic law includes $369 billion of federal climate-related funding. It…Read More

First Multifamily C-PACE Deal Closes in PA

Riverwards Group secures $17.9MM in energy efficiency financing for 220 apartments through C-PACE program expansion The Philadelphia Energy Authority and Nuveen Green Capital announced the closing of $17.9MM for a…Read More

Largest PA C-PACE deal closed; Philly total @$100MM

Nuveen Green Capital Provides $30 Million in Financing Through the PhiladelphiaC-PACE Program for Freezpak Logistics Philadelphia-area based BG Capital uses C-PACE to complete capital stack for new construction of industrial…Read More

C-PACE Expansion: Live in Philadelphia

The C-PACE Program Guidelines have been updated to reflect the C-PACE expansion enabled by Act 43 of 2022. Applications are now being accepted for multifamily properties with 5 or more…Read More

Public comments welcomed on C-PACE Expansion Program Guidelines

As Philadelphia’s C-PACE Program Administrator, the Philadelphia Energy Authority has drafted an Addendum to the Philadelphia C-PACE Program Guidelines to implement expansion of the program to include multifamily properties and…Read More