Project Overview Closing Date: November 30, 2022 FreezPak Logistics is a new cold storage facility designed for energy-efficient, temperature-controlled operations. In November 2022, PEA, Nuveen Green Capital, and BGFP Philadelphia LLC closed on $30.1 million in C-PACE financing for the 168,000-square-foot facility at 2201 E. Allegheny Avenue, located within the Port Richmond neighborhood of Philadelphia.…
Project Overview Closing Date: May 4, 2022 Ridge Storage is a five-story, 86,500-square-foot facility housing 756 self-storage units. C-PACE provided critical long-term financing that filled a key gap in the construction capital stack while incentivizing high-performance building methods during the initial design phase. Through high-efficiency building systems and sustainable construction technologies, the facility is projected…
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…