Rolling Out Commercial PACE in NJ in 2018

New Jersey is about to experience a surge of new clean energy projects, unleashing a considerable amount of additional public subsidies and private financing for energy efficiency and renewables. Amendments to NJ’s existing PACE law are being passed in the Read More …

Update on PACE Legislation in New Jersey

A number of organizations, including the new Coalition for PACE in New Jersey and ourselves, have been involved in working with the state legislature to craft a new law that will address the Governor’s concerns — as stated in last year’s Read More …

C-PACE marks successful first two years

“In just two years, we’ve seen the first securitization of C-PACE transactions in the country and allocated more than $65 million of capital,” says Connecticut Green Bank President Bryan Garcia. Bridgeport News (March 13, 2015): Two years after it was Read More …

“PACE didn’t just grow in 2014 — it exploded”

Under the headline “Nearly $1B Available for PACE Projects in 2014,” Katherine Tweed of Greentech Media reports that Property-assessed clean energy loan (PACE) programs for both residential and commercial sectors are booming in 2014, with much more growth to come in 2015. Read More …

28 Stories in 28 Days: Day 2: First C-PACE Project

Connecticut PACE program completes its first project (July 2013). The first C-PACE project, in Norwalk, Connecticut — The family-owned shopping plaza on Westport Avenue received exterior LED lighting, resulting in reduction of 158,000 pounds in greenhouse gas emissions, an annual electricity savings of 152,200 Read More …

C-PACE Having a Significant Impact

As reported in Westfair Online, at the recent first anniversary celebration (in Hartford, CT, February 2014), Properties recognized were from Avon, Bridgeport, Canton, Danbury, Hartford, Killingworth, Meriden, Middletown, Norwalk, Norwich, Simsbury, Trumbull and Windsor. Between them, the properties have completed or Read More …