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Milwaukee to launch a PACE program

The city’s energy-efficiency program aims for more projects that will create jobs and cut energy use under an energy-financing measure that Mayor Tom Barrett will sign today.

Milwaukee is one of several cities around the country that the Johnson Controls building efficiency has targeted for energy-saving projects in the commercial building space, Chuck McGinnis of Johnson Controls told me last year.

The hope is that the financing method will enable providers of private capital, such as California-based Clean Fund and Structured Finance Associates, to help finance the Property Assessed Clean Energy projects.

“We look forward to doing business in Milwaukee,” Clean Fund executive John Kinney said in a letter of support earlier this year, for the legislation that the Common Council approved this month and Mayor Barrett will sign today at the City Center at 7:35pm. Read more.