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CT PACE News: C-PACE funds office building project

CPACE funds Bridgeport office building project

The Commercial Property Assessed Clean Energy program allocated $1.9 million to cut energy use at a 98,000-square-foot office building at 855 Main St., in Bridgeport. Through the program, building ownersForstone Capital in Darien and Spinnaker Real Estate Partners in South Norwalk, worked with M&T Bank. The energy savings realized by building owners are used to pay back the loan. The owners, who expect to see $250,000 in annual energy savings, are insulating windows, replacing chillers and installing new cooling towers. Read more.