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 […]
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 […]
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 […]
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 […]
For immediate release: October 23, 2019 Contact: Maryrose Myrtetus, mmyrtetus@philaenergy.org, 215-686-4483 Philadelphia, October 23, 2019 – Council President Darrell L. Clarke (5th District), Councilmember Derek S. Green (At Large) and the Philadelphia Energy Authority (PEA) announced the launch today of Philadelphia’s Commercial Property Assessed Clean Energy (C-PACE) program. C-PACE lets commercial and industrial building owners finance […]