Pennsylvania’s First C-PACE Deal Finances Mixed-Use Development

Project Overview Closing Date: September 30, 2020 Philadelphia Energy Authority, Twain Financial Partners, and SHIFT Capital closed on Pennsylvania’s first project funded with Commercial Property-Assessed Clean Energy (C-PACE) capital.  SHIFT Capital borrowed $1,500,000 in C-PACE financing for energy conservation and water efficiency upgrades to J-centrel, a mixed-use development in the Kensington-Harrowgate neighborhood of Philadelphia.  J-centrel…