News Archive

New Hostel in Summit County to Utilize Colorado C-PACE Financing Program

September 2, 2020

Colorado C-PACE announced that Rob and Lynne Baer, owners and developers of The Pad Hostel in Silverthorne, CO, will use C-PACE financing to fund 20 percent of the cost to construct their new 26,000 sq. ft. hostel in Summit County.

Announcing the Fall 2020 Lineup of Colorado C-PACE Workshops

August 26, 2020

Colorado C-PACE Program Offers Retroactive Project Financing and Other Enhancements

August 26, 2020

Fort Collins Health Club Installs New Roof and HVAC Units through Colorado’s C-PACE Program

August 24, 2020

Colorado C-PACE announced that Rodney Steven II of Genesis Health Clubs is using Colorado C-PACE for $1 million in financing to install a new roof with improved insulation and new packaged rooftop units on his building located in Fort Collins.

Rhode Island Infrastructure Bank’s Commercial Property Assessed Clean Energy provides valuable financing for new construction

August 17, 2020

In a new construction capital stack, C-PACE often serves as an alternative to equity, which can be expensive, or mezzanine financing, which may be out of reach for some borrowers.

Infrastructure Bank closes $2.5m loan with Providence Marriott Downtown

August 3, 2020

Rhode Island Infrastructure Bank closed a $2.5 million loan with the Providence Marriott Downtown. The hotel istalled a highly efficient HVAC system along with new controls and LED lighting throughout the facility. The comprehensive upgrades will reduce the hotel’s annual energy expense by almost 40% when compared to their current usage.

Record growth demonstrates value of C-PACE funding

August 3, 2020

Over the last 12 months the Rhode Island Commercial Property Assessed Clean Energy program facilitated a historic high of $58.2 million in financing across nine projects, including three recent closings during the COVID-19 crisis. Recent C-PACE funding has been crucial to implementing projects in healthcare, hospitality, multifamily residential, office space, and manufacturing facilities.

Sunshine Mesa Farm and Delta Elevator Install Solar Arrays through Colorado’s C-PACE Program

July 20, 2020

Colorado C-PACE announced that Michelle & David Livingston will leverage C-PACE financing to install solar photovoltaic (PV) arrays at their two businesses. The owners plan to install a 16 kW ground mount solar PV array at The Delta Elevator in Delta, and a 10 kW roof mount solar PV array at Sunshine Mesa Farm in Hotchkiss.

Paonia Restaurant Finances Energy Efficiency Improvements through Colorado’s C-PACE Program

June 22, 2020

Colorado C-PACE announced that Chelsea Bookout and Shawn Larson will leverage C-PACE financing to support a comprehensive energy efficiency project for their community reinvestment property located in Paonia.

Denver Office Building Funds Major Energy Efficiency Renovations With C-PACE Financing

June 17, 2020

Colorado C-PACE announced that LCP Development as property manager for Freeheel Properties is leveraging C-PACE financing to support a comprehensive energy improvement project on a 22,002 SF office building in Denver.