Commercial PACE

First Solar Project to Use C-PACE in Pennsylvania Closes in Philadelphia

August 18, 2020 – The Philadelphia Energy Authority, Greenworks Lending, and the Capers Company LLC  announced today the financial close of the first project in Pennsylvania to use Commercial Property-Assessed Clean Energy (C-PACE) financing for a renewable energy project as part of a series of announcements being released during Philadelphia Solar Week. Capers Company LLC is borrowing $519,020 in C-PACE […]

First Pennsylvania C-PACE Deal Inked: $1.5 Million of Energy and Water Efficiency Investments in Philadelphia

PHILADELPHIA ENERGY AUTHORITY FOR IMMEDIATE RELEASE DATE: JULY 17, 2020 CONTACT: Maryrose Myrtetus, Philadelphia Energy Authority, 215-431-5641 (cell), mmyrtetus@philaenergy.org Philadelphia, July 17, 2020 – The Philadelphia Energy Authority, Twain Financial Partners and SHIFT Capital announced today the financial close of the first project in Pennsylvania to use Commercial Property-Assessed Clean Energy (C-PACE) financing. SHIFT Capital is […]

Using C-PACE to Free Up Capital and Reduce Costs in the Covid-19 Economy

As individuals and businesses across the country continue to navigate the difficult Covid-19 situation, the Philadelphia Energy Authority continues to operate the Philadelphia Commercial Property-Assessed Clean Energy (C-PACE) program to help commercial building owners reduce their carbon footprints while improving their financial health. C-PACE provides long-term, fixed-rate and low-cost capital to commercial property owners for […]

C-PACE Program FAQs (April 2020)

PEA receives a lot of nuanced questions about the Philadelphia C-PACE program. Below are a few of the most common recent inquiries. As always, feel free to reach out to CPACE@philaenergy.org with any C-PACE questions you may have. Q. How has the COVID-19 pandemic affected the Philadelphia C-PACE program?  A. As the COVID-19 situation continues […]