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Temporary COVID-19 Extension for Retroactive C-PACE Financing project eligibility

Philadelphia C-PACE Program December 9, 2021 In response to the COVID-19 pandemic and the resulting protracted impact on the capital markets for commercial real estate, the Philadelphia Energy Authority, the…Read More

100 Independence Mall W Closes $25.57MM C-PACE Financing

The Philadelphia Energy Authority and CounterpointeSRE (Counterpointe Sustainable Real Estate) announced the closing of $25.57 million in Commercial Property Assessed Clean Energy (C-PACE) financing for the Class A office building,…Read More

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…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…Read More

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…Read More