Media Contacts:Ben BlockPhiladelphia Energy Authority215-688-5134 | media@philaenergy.org Lesley OsbornNuveen Green Capital475-291-6346 | Lesley.Osborn@nuveen.com Philadelphia Energy Authority (PEA), Nuveen Green Capital, and Riverwards Group closed $17.3 million in Philadelphia Commercial Property Assessed Clean Energy (C-PACE) financing to support construction of a new 155-unit multifamily apartment building in Philadelphia’s East Kensington neighborhood. The six-story development at 2507 […]
The ten-year Campaign created more than 11,000 jobs and drove over $1.4 billion in energy savings through a combination of public and private investments PHILADELPHIA – May 11, 2026 – Today, the Philadelphia Energy Authority (PEA) and Philadelphia Green Capital Corp. (PGCC), joined by City administration and state leaders, members of City Council, and former […]
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 $400 million in cumulative Commercial Property-Assessed Clean Energy (C-PACE) financing. More than $202 million in capital has been deployed over the past two years. Learn more: 2024-2025 Philadelphia C-PACE Program Report More property owners are turning to Philadelphia C-PACE than ever before. The program […]
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 […]