Philadelphia Energy Authority (PEA) successfully closed a $30.7 million Green Bond to finance the Quadplex + Community Health Project, marking PEA’s second bond issuance on behalf of the City of Philadelphia and a major milestone toward reducing the City’s energy costs and carbon footprint. Upgrades across 14 City-owned facilities will pay for themselves through future […]
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 […]
A new Built to Last evaluation confirms that whole-home repairs effectively address the root causes of housing instability, energy insecurity, and environmental health risks. More than 60,000 low-income Philadelphians live in homes with critical health and safety issues – from failing roofs and major water damage to broken heating systems. For too many households, these […]
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 […]