The Philadelphia Energy Authority, Counterpointe Sustainable Real Estate, and Pearl Properties reached agreement on Pennsylvania’s largest Commercial Property Assessed Clean Energy (C-PACE) project. Pearl Properties has received $60 million in C-PACE financing for construction of Harper Square, a 362,000-square-foot multifamily tower overlooking Rittenhouse Square. Once constructed, the 500-foot-tall, 45-story skyscraper will stand as the city’s […]
The Philadelphia Energy Authority, Nuveen Green Capital, and 3905 Ford LLC reached agreement on $11 million in Philadelphia Commercial Property Assessed Clean Energy (C-PACE) financing. The deal will fund higher-efficiency building systems and water conservation measures within a West Philadelphia healthcare facility renovation. The 138,157-square-foot property located in the Wynnefield Heights neighborhood is managed by […]
The Philadelphia Energy Authority, in its role as the Philadelphia C-PACE Program Administrator, has drafted revisions to its Program Guidelines. PEA is offering C-PACE stakeholders an opportunity to provide comments on the changes before they are finalized. Three documents are available for review: Redlined version of the Program Guidelines against the version which is currently […]
FOR IMMEDIATE RELEASE:Wednesday, September 1, 2021 CONTACT:Paul Hoffman CCG PACE Funding, LLC 310.335.2040 (office) or 310.420.1713 (cell) paul@ccgpace.com Lisa ShulockPhiladelphia Energy Authority215.880.8298 (cell)Lshulock@philaenergy.org CCG PACE FUNDING CLOSES $15 MILLION IN C-PACE FINANCING FOR BUILDING 57 IN PHILADELPHIA’S NAVY YARD The largest C-PACE financing in Philadelphia and Pennsylvania Philadelphia, PA — The Navy Yard Building 57 (“Building 57”), home to Rhoads […]
PHILADELPHIA ENERGY AUTHORITYFOR IMMEDIATE RELEASEDATE: NOVEMBER 23, 2020 CONTACT:Lisa Shulock, Philadelphia Energy Authority215-880-8298 (cell)Lshulock@philaenergy.org Iconic Philly Met Uses C-PACE for Retroactive Financing of $6 Million for Energy Efficiency Investments in Philadelphia Philadelphia, November 23, 2020 – The Philadelphia Energy Authority, Enhanced Capital and EB Realty Management (“EBRM”), owners of The Met, announced today the financial […]