Financing Amount: $10,096,828
Property Summary:
The Buncher Company, located at 1415-1461 Smallman St.,
Pittsburgh, Pennsylvania 15222, has secured $10,096,828 in
C-PACE financing. The financing will be used to install energy
conservation measures (ECMs) for the building envelope. The
Buncher Company is the borrower, and PACE Equity is the
capital provider. Sustainable Energy Fund (SEF) is the
administrator for the Allegheny County C-PACE program. As
such, SEF has ensured that the compliance of this project with
the Act 30 statue and Allegheny County C-PACE program
guidelines for a new construction retroactive project.
1415-1461 Smallman St. is a new construction retroactive
project, and a 251,000-square-foot, mixed-use building. The
as-designed energy conservation measures include the
building envelope (energy-efficient windows (glass curtainwall)
and roof and wall assemblies), lighting and controls, HVAC, and
elevators. As-designed energy conservation measures were
reported to reduce electricity consumption by 307,009 kWh
annually or 11% per year compared to a baseline (code
minimum) building. These energy savings were reported to
have an annual value of $34,569.