C-PACE was used to finance the construction of 114-unit multifamily property in the Fishtown neighborhood near the Market-Frankford “El” expanding on the number of transit-oriented developments in the area. On July 31, 2024, PACE Loan Group (PLG) closed a $10.6 million C-PACE loan with 1440 FRONT LLC to complete the capital stack for the new construction […]

3,300 Households Have Gone Solar With Solarize Philly, Representing $64MM In Investment In Our Local Clean Energy Economy, Further Expansion on the Horizon Visit to Habitat for Humanity Philadelphia’s first rooftop solar project exemplifies the cost-saving, climate change-fighting clean energy projects supported by the IRA Announcement kicks off sixth annual Solar Week in Philadelphia Contacts: […]

Philadelphia, PA — Today, the U.S. Environmental Protection Agency (EPA) announced the designation of “ENERGY STAR Home Upgrade Service Provider” to Philadelphia’s Whole Home Repair program, Built to Last, run by the Philadelphia Energy Authority (PEA). Built to Last brings together Philadelphia’s home repair, energy conservation, and healthy homes programs into a coordinated service package […]

On Friday, April 26, the Philadelphia Energy Authority, the Impact Development Roundtable (IDR), an initiative of the Urban Affairs Coalition (UAC), and the African American Real Estate Professionals Philadelphia (AAREP-PHL) hosted an inspiring event. Philadelphia’s Black Development Community Goes Green featured seven esteemed panelists and welcomed over 120 guests for an open and impactful conversation […]

PHILADELPHIA – Today, Mayor Cherelle L. Parker, City officials and the Philadelphia Energy Authority gathered at City Hall to celebrate the completion of the Adams Solar Project. The 70- megawatt solar facility now powers Philadelphia’s municipal buildings with approximately 25 percent of electricity needs. The Adams Solar Project is one of the largest projects of […]