Media Contact:Ben Block215-688-5134 | media@philaenergy.org The Philadelphia Energy Authority, Nuveen Green Capital, and Brandywine Realty Trust have reached agreement on $87.3 million in Philadelphia Commercial Property Assessed Clean Energy (C-PACE) financing for 3151 Market Street in Schuylkill Yards, the latest addition to West Philadelphia’s life sciences and mixed-use development hub. The transaction represents the largest […]
The Philadelphia C-PACE Program reached a major milestone in 2025, surpassing $300 million in cumulative Commercial Property-Assessed Clean Energy (C-PACE) financing. Of the $312 million in capital provided to Philadelphia property owners since the program’s launch, nearly half has been deployed over the past two years. Learn more: 2024-2025 Philadelphia C-PACE Program Report More property […]
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 […]