News & Blog

  • PACE in TX: Travis and Williamson counties’ PACE programs close $3 million in PACE Projects with the Simon Property Group

    barton-creek-square

    Barton Creek Square Mall – Austin, TX

    Source: TX PACE Authority

    AUSTIN – The Travis and Williamson counties’ PACE programs closed their first commercial projects today, totaling $3 million in financing for energy and water saving retrofits to three Simon Property Group malls:  Barton Creek Square in Austin, Lakeline Mall in Cedar Park, and the Round Rock Premium Outlets.

    “These projects are exactly what we had in mind when the legislature created PACE,” said Texas Rep. Jim Keffer, chairman of the House Natural Resources Committee and the PACE bill author. “The upgrades will save water and energy, improve the tax base in these communities, and provide long-term financing for the property owners. Truly a win-win-win for Texas.”

    read more
    MikePACE in TX: Travis and Williamson counties’ PACE programs close $3 million in PACE Projects with the Simon Property Group
  • CleanFund Provides Largest Ever Commercial Property PACE Financing to Pacific Ethanol for 5 Megawatt Solar Energy System at Industrial Facility

    • CleanFund finances $10-million renewable energy improvement, which will deliver more than $1 million in annual operating cost savings to Pacific Ethanol
    • High performance solar energy system to be designed and installed by Borrego Solar Systems under California’s Net Metering 2.0 rules that allow offset of greater energy usage than previously available

    SAN FRANCISCO and SACRAMENTO, Calif. (September 26, 2016) — Pacific Ethanol, Inc. (NASDAQ:PEIX), a leading producer and marketer of low-carbon renewable fuels in the United States, is purchasing and installing a new 5 megawatt (MW) solar photovoltaic (PV) power system at its Madera, California biorefinery that produces ethanol, wet distiller grains and corn oil.

    $10-million of the project cost is being financed by CleanFund, the leading provider of long-term financing for energy efficiency, renewable energy, water conservation and seismic improvements specifically for commercial, industrial, multifamily and other non-residential properties across the U.S.

    read more
    MikeCleanFund Provides Largest Ever Commercial Property PACE Financing to Pacific Ethanol for 5 Megawatt Solar Energy System at Industrial Facility
  • First Colorado Commercial Property Assessed Clean Energy (C-PACE) Project Receives Financing

    Source: CO PACE.

    DENVER – Sept. 21, 2016 – The New Energy Improvement District (NEID) announces financing for Colorado’s first Commercial Property Assessed Clean Energy (C-PACE) project. NEID, with Colorado Energy Office (CEO) support, oversees the development of Colorado C-PACE projects. The Boulder County project is a 42,000 sq. ft. commercial and industrial facility owned by Urban Green Development. The facility will undergo energy improvement measures totaling approximately $320,000, with a loan from Citywide Banks.

    “The availability of Colorado C-PACE financing was the catalyst that drove our decision to make these important building improvements,” said Scott Kiere, Chief Executive Officer of Urban Green Development. “This investment will increase the asset value, lower energy costs and reduce greenhouse gas emissions.”

    read more
    MikeFirst Colorado Commercial Property Assessed Clean Energy (C-PACE) Project Receives Financing
  • HERO Program Launching in Kansas City, Missouri, and Jackson County to Finance Home Energy Improvements

    KANSAS CITY, Missouri, Sept. 14, 2016 – Starting Thursday, the HERO Property Assessed Clean Energy (PACE) Program will be available to homeowners in Jackson County and Kansas City, Missouri. HERO financing enables homeowners to make energy improvements and to pay for them over time through their property tax bill. HERO financing payments may have tax benefits, and many homeowners see immediate savings on utility bills by investing in efficiency or renewable energy upgrades.

    HERO, which stands for Home Energy Renovation Opportunity, is the largest residential PACE program in the United States and has already helped tens of thousands of homeowners lower utility bills by replacing HVAC systems, upgrading windows and doors, adding insulation, going solar, and more. HERO is becoming available to Missouri communities that join the Missouri Clean Energy District (MCED). Kansas City, Missouri, and Jackson County were among the first communities to join MCED, and their residents will have access to HERO beginning September 15. Homeowners interested in applying for HERO financing or who wish to learn more should visit www.heroprogram.com.

    read more
    MikeHERO Program Launching in Kansas City, Missouri, and Jackson County to Finance Home Energy Improvements
  • CleanFund Closes Six More Transactions, Financing Solar Energy and Other Improvements for Commercial Buildings in California

    CleanFund Closes Six More Transactions, Financing Solar Energy and Other Improvements for Commercial Buildings in California

    • Property owners tap CleanFund’s new SolarPACE™ program for speedy access to capital
    • Unique solar financing structure provides immediate tax, cash flow benefits, with convenient billing and payment through property taxes

    SAN FRANCISCO (September 14, 2016) — CleanFund, the leading provider of long-term financing for energy efficiency, renewable energy, water conservation and seismic improvements to commercial and multifamily properties across the U.S., announced the closing of six California transactions.  Property owners used CleanFund’s new SolarPACE™ program to finance renewable energy improvements to their properties.  CleanFund provided approximately $3.5 million across the six transactions.

    read more
    MikeCleanFund Closes Six More Transactions, Financing Solar Energy and Other Improvements for Commercial Buildings in California
MikeNews & Blog