PACE Bill Passes NJ Legislature with Large Bipartisan Majorities

Along with the State Budget, and a hundred or so other bills, the final version of the PACE amending bill (A2579/S1510) passed with large bipartisan majorities in both houses of the New Jersey Legislature on Thursday (June 25, 2015). In Read More …

Highlights of the 2015 New Jersey PACE Summit

Thanks to all who attended and viewed the Summit online. It was a very successful event — we had over 270 RSVPs, an estimated 225 attending in person, and another 169 unique visitors viewing the live stream. We’re posting the Read More …

NJ PACE 2015 Summit to Focus on What’s Possible for New Jersey

The theme of this year’s New Jersey PACE Summit is “PACE: what’s possible for New Jersey?” The subtitle gives part of the answer: “Resiliency • Clean Energy • Jobs”— these are the major elements of the story, that will be explored at Read More …

Invitation to the New Jersey PACE Summit — June 12, 2015, 8 a.m. – Noon

You are invited to be part of a historic summit! New Jersey is on the verge of passing new Property Assessed Clean Energy (PACE) legislation. Whether you are a mayor, economic development officer, CEO, CFO, builder, developer, property owner, financier, Read More …

PACE Amending Legislation Moves Forward

Legislative Update: Press Release from the Office of Assemblyman Raj Mukherji (D-Hudson) MUKHERJI, PINTOR MARIN & EUSTACE BILL TO HELP PROPERTY OWNERS FINANCE FLOOD & HURRICANE RESISTANCE PROJECTS ADVANCES  (TRENTON) – Legislation sponsored by Assembly Democrats Raj Mukherji, Eliana Pintor 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 …

Atlantic City: Jumpstarting Economic Development through PACE

Atlantic City is in the midst of its worst ever economic crisis. With three of its major casinos closing, resulting in the loss of more than 7,500 jobs; with a 29% property tax hike; and a huge decline in the Read More …

Day 4: Case Study — Fresno, CA: Figtree Financing Funds Industrial Facility Upgrades with PACE

Two industrial buildings in Fresno, CA upgraded their outdated mechanical equipment using PACE financing. They received a 10 HP Air Compressor and a 60 Ton Chiller Replacement and were able to maintain their business operations without interruption. A local contractor Read More …