24 Dec '14, 4pm

The Connecticut Green Bank’s C-PACE Program: Low-cost, Long-term Financing for Clean Energy Upgrades

The Connecticut Green Bank’s C-PACE Program: Low-cost, Long-term Financing for Clean Energy Upgrades

The Connecticut Commercial Property Assessed Clean Energy (C-PACE) program enables commercial, industrial, and multi-family building owners to access affordable, long-term financing for smart energy upgrades to their buildings. These upgrades save property owners money and increase property values. The Connecticut Green Bank launched Connecticut’s C-PACE program in January 2013 and it quickly became the largest commercial PACE program in the US—surpassing programs that had been around for years. In its first 22 months, C-PACE approved nearly $50 million for more than 60 clean energy projects, which will result in the deployment of over 8 megawatts of solar energy and myriad energy efficiency improvements across over 4 million square feet of buildings. Financing Clean Energy and Growing Green Investments With C-PACE, building owners are able to secure 100% upfront financing...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2014/12...

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