By Michael T. Lyle Jr., The Middletown Press
An office facility based at 100 Roscommon Ave. was one of 13 properties from across the state recognized for their involvement in the first year of the state’s Industrial Property Assessed Clean Energy or C-PACE program.
According to C-PACE Director Jessica Bailey, the program helps state commercial, industrial and multi-family property owners access affordable, long-term financing for smart energy upgrades to their buildings.
The facility was among 13 other properties across the state honored at the Bushnell Theater in Hartford for completing their first year in the program, including Avon, Bridgeport, Canton, Danbury, Hartford, Killingworth, Meriden, Norwalk, Norwich, Simsbury, Trumbull and Windsor.
“C-PACE’s success is a testament to the municipal leaders that see the value in providing their property owners with access to affordable capital, the property owners that embrace energy efficient and renewable energy technologies and the contractors that deliver these improvements,” said Bailey. “With over 75 state cities and towns signed on to the program, and over 120 project applications in the pipeline, C-PACE’s future looks promising as we work in support of Connecticut’s overall energy goals.” Read more.