CT clean energy program invests $114M in 200 projects

CT clean energy program invests $114M in 200 projects

CT clean energy program invests $114M in 200 projects

The Connecticut Commercial Property Assessed Clean Energy (C-PACE) program has surpassed 200 projects totaling more than $114 million in clean energy investment in businesses, according to the Connecticut Green Bank.

C-PACE helps property owners access long-term financing to make energy upgrades to their buildings.

Connecticut is second only to California in total dollars financed through C-PACE, according to PACENation, an industry group promoting Property Assessed Clean Energy financing.

Though most projects are in industrial, retail or office buildings, building owners and tenants for houses of worship, nonprofits and educational facilities are also seeking financing, said Mackey Dykes, vice president of commercial, industrial and institutional programs at the Green Bank.

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