Sacramento Office Park Largest PACE Project to Date

From Energy Manager Today,  by :

Sacramento Office Park Retrofits with PACE Financing, Reduces Energy 27%

Clean Energy Sacramento launched the largest Property Assessed Clean Energy (PACE) project in the country, according to the Environmental Defense Fund.

Sacramento’s Metro Center Corporate Park will take advantage of $3.16 million in PACE financing to make energy efficiency upgrades, including replacement of rooftop units with high efficiency equipment and installation of a Metasys building management system from Johnson Controls to control the mechanical equipment and interior and exterior lighting.

The retrofit will enable Metro Center to apply for LEED certification.

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Recently, Milwaukee announced a similar arrangement connecting private capital with building owners to fund energy efficiency improvements through a commercial PACE program. Milwaukee’s Economic Development Corporation is working with California-based Clean Fund to finance the energy efficiency projects for commercial buildings via PACE, and Johnson Controls is also involved in the Milwaukee projects.

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