The Clean Energy Finance and Investment Authority launched the Commercial and Industrial Property Assessed Clean Energy Program (C-PACE) late last week. The program is designed to provide commercial and industrial building owners with low-cost, long-term, upfront financing for adding renewable energy projects to their buildings.
“Connecticut is positioned to be a national leader in energy-efficiency initiatives, and the C-PACE program represents another opportunity for citizens to engage in clean energy solutions,” Gov. Dannel P. Malloy said in a statement. “I applaud Cefia’s work to launch this important tool that will help businesses reduce energy costs and lower consumption — C-PACE will help us continue our momentum toward cleaner, cheaper more reliable energy.” Read full story.