PACE Archives - Page 3 of 4 - Environment + Energy Leader

LA Businesses Access Energy Financing via Seismic Strengthening Program

August 17, 2015 by Linda Hardesty

City of Los Angeles property owners are now able to finance seismic and energy improvements to their homes and businesses through a new program approved by the Los Angeles City Council. The council recently approved the AllianceNRG Program to provide financing for up to 100 percent of the project costs ... Read more »

Historic Athletic Club to Undergo $2.4M Energy Efficiency Retrofit

July 21, 2015August 2, 2019 by Karen Henry

The historic Missouri Athletic Club (MAC) will be undergoing a $2.4 million energy efficiency retrofit as part of the city’s Set the PACE St. Louis clean-energy financing program. The project is projected to provide $200,000 per year in energy savings. Property improvements for the 100-year-old clubhouse will include lighting and ... Read more »

Businesses Without Investment Grade Credit Tap PACE

June 19, 2015 by Linda Hardesty

Figtree Financing says it has funded nearly $4.5 million in commercial Property Assessed Clean Energy (PACE) projects in the last 45 days. The projects were funded under Figtree Financing’s Commercial PACE Program using $60 million in committed capital for energy upgrades. Its commercial PACE program was launched in 2014. The recent ... Read more »

Health Center is First to Use New PACE Financing Structure for Solar in California

June 2, 2015 by Linda Hardesty

Solar company Conergy and Demeter Power, supported by the US Department of Energy SunShot Initiative, launched a new commercial solar financing structure – PACE Lease financing. The financing structure opens up solar access to commercial property owners by collecting third-party-owned solar revenues as a property tax assessment. PACE Lease financing ... Read more »

Kentucky Adopts PACE for Businesses

May 8, 2015 by Linda Hardesty

Kentucky is the latest state in the US to approve Property-Assessed Clean Energy (PACE) financing. With PACE financing, businesses will be able to conduct energy retrofits and upgrades and pay for them via their property tax bills. Kentucky has authorized commercial property owners to apply for PACE financing, which can be ... Read more »

YMCA Installs Combined Heat and Power

May 7, 2015 by Linda Hardesty

Tecogen sold a CM-75 combined heat and power (CHP) system to the Regional YMCA of Western Connecticut. The system will supply 75 kW of electricity to the facility, while simultaneously providing space heat, domestic hot water and pool heating at a lower cost than utility-purchased electricity, saving the facility an ... Read more »

Energy Improvements to Save Rec Facility $1.8M

February 17, 2015August 2, 2019 by Karen Henry

An energy improvement project at an indoor multi-sport recreation facility in Trumbull, Conn., will save the facility an estimated $1.8 million, the Easton Courier reports. The Insports facility secured $1 million in funding for the project through the Commercial Property Assessed Clean Energy (C-PACE) program. Energy efficiency improvements completed at ... Read more »

Building Owner Installs Solar with PACE Funds

February 10, 2015 by Linda Hardesty

The Gateway Center building in downtown Chula Vista, Calif., installed solar panels using the Clean Energy Chula Vista Property Assessed Clean Energy (PACE) program. The PACE program is offered in partnership with the City of Chula Vista and Ygrene Energy Fund. The building now boasts 1,054 solar panels generating 344.6 ... Read more »

Chesterfield Joins Missouri Clean Energy District?

January 29, 2015 by Karen Henry

Chesterfield, Mo., is the latest city to join the Missouri Clean Energy District. Owners of qualifying properties in member communities may apply for lower-interest PACE financing for energy-saving upgrades and retrofits to their property and then repay the financing over a period up to 20 years via additional annual payments on ... Read more »

GEM Energy Retrofits Two 100-Year-Old Toledo Buildings

January 16, 2015August 2, 2019 by Karen Henry

GEM Energy has completed energy upgrades for the Toledo School for the Arts and the Toledo Club. Both buildings will turn 100 this year. The Toledo School for the Arts Completed in 55 days, the Toledo School for the Arts’ energy upgrades included replacing 1950s HVAC equipment throughout the building ... Read more »

PACE Program Helps Kansas City Condo Save $34,000

January 7, 2015 by Karen Henry

Wornall Plaza, a condominium complex in Kansas City, Mo., will save an estimated $34,000 in energy costs annually, thanks to a retrofit made possible by the Kansas City municipal government’s Property Assessed Clean Energy (PACE) program. The Kansas City Star reports that the condo is the first building in the ... Read more »

Clean Fund Purchases $30M PACE Portfolio

May 29, 2014 by Linda Hardesty

Connecticut’s Clean Energy Finance and Investment Authority (CEFIA) sold Commercial Property Assessed Clean Energy (PACE) liens to Clean Fund. The sale will fund a total portfolio of $30 million of commercial PACE benefit assessment liens issued by the Public Finance Authority. PACE allows property owners to access capital for energy ... Read more »

E+E Leader delivered to your inbox

E+E Leader delivered to your inbox

THANKS FOR STOPPING BY! NEXT TIME LET US COME TO YOU:

Sign up for our newsletter