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C-PACE Program in CT completes its first PACE financing

What started out as an aesthetic upgrade has turned into the state’s first C-PACE clean energy project and even garnered a visit from the governor.

The shopping center at 542 Westport Ave. will receive several energy improvements, including efficient lighting upgrades and a solar array, with financing help from the state’s new Commercial & Industrial Property Assessed Clean Energy incentive. The owners of the property agreed to a voluntary assessment on their property tax bill.

Malloy described C-PACE as “groundbreaking legislation” that several other states are currently trying to emulate. Read full story.

PACENation

Summit 2024

June 12-13
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