News and Blog
Greenworks Lending Impact Dashboard – Q1 2021
Greenworks Lending Acquisition Underscores C-PACE Industry Growth
Nuveen Acquires Greenworks Lending, the Largest Provider of Commercial Property Assessed Clean Energy (C-PACE) Financing Darien, CT (April 12, 2021) – Greenworks Lending, the nation’s preeminent C-PACE capital provider dedicated to funding energy...
Greenworks Lending Extends and Expands Funding For SD Renewables Clean Energy PPA Program
Greenworks Lending commits $60M in additional funding to back SD Renewables’ Innovative Clean Energy financing products San Diego, CA and Darien, CT: SD Renewables, an innovator in cashless financing solutions for commercial property owners and Greenworks Lending, the...
Greenworks Finances First Project Approved for C-PACE in Montgomery County Pennsylvania
Conshohocken, PA., February 11, 2021 – A new construction/redevelopment project for a partnership between Keystone Property Group and Concord Hospitality Enterprises Company recently became the first project approved for Commercial Property Assessed Clean Energy...
Greenworks Lending Closes Maryland’s Largest C-PACE Project
Nearly $9M in C-PACE Capital will be used for Prominent Baltimore City Multifamily Development Project Bethesda, MD, (February 3, 2021) -- The MD-PACE program and Greenworks Lending, a leading C-PACE capital provider, today announced the recent closing of the...
Greenworks Lending Closes Largest C-PACE Deal in the State of Michigan
Greenworks Lending, along with Lean and Green Michigan, recently closed the largest C-PACE deal in the state of Michigan. Greenworks was able to partner with the developer to fill a 20% hole in the capital stack of the project—a 16-story new construction development...
Greenworks Selected as Real Leader’s Impact Award Winner for Second Year in a Row
Greenworks Lending, the nation’s leading Commercial Property Assessed Clean Energy capital provider, was chosen as a Real Leader’s Impact Award winner for the second year in a row. Real Leaders is the world’s first sustainable business and leadership magazine...
Greenworks Lending Continues Rapid Growth by Building Out Team with Twelve New Hires
Greenworks reinforces its position as industry leader as it expands into new markets and builds out its business development, policy, legal, credit and operations teams. In the second half of 2020, Greenworks hired twelve talented individuals to add to its...
Greenworks Lending Impact Dashboard – Q4 2020
COVID Relief Bill Extends Solar Tax Credits
Yesterday, December 21st, 2020, Congress passed a COVID-19 relief bill that contained a stimulus package focused on boosting investment in clean energy development and jobs which included an extension of investment tax credits for solar. In the provisions of the bill,...
National Energy Improvement Fund (NEIF) and Greenworks Lending Partner for Joint Energy Lending Platform
Media Contact: Jamie McCorry Greenworks Lending 860.419.5628 | jmccorry@greenworkslending.com TWO LEADING ENERGY...
Understanding New York City’s Climate Mobilization Act and How C-PACE Can Help Meet Ambitious Climate Targets
in What Does the Climate Mobilization Act Mean for New York City Building Owners? In April of 2019, New York City Council passed the Climate Mobilization Act – a package of bills that aims to drastically reduce carbon emissions from thousands of buildings across the...
Governments Value Commercial Property Assessed Clean Energy as a Mechanism for Financing Projects and Supporting Local Communities
Commercial property assessed clean energy (C-PACE) allows commercial real estate owners to finance the costs of property improvements intended to improve energy efficiency or other notable public benefits, such as property resiliency to natural disaster. Despite the...
GREENWORKS LENDING EXPANDS MIDWEST MARKET
GROWS COMMERCIAL REAL ESTATE FINANCING PLATFORM WITH HIRING OF REGIONAL DIRECTOR Chicago, Illinois, (October 5, 2020) – Greenworks Lending, the nation’s leading Commercial Property Assessed Clean Energy (C-PACE) capital provider, has announced its expansion...
Can C-PACE Help Revive the Commercial Real Estate Market Amid COVID-19?
The coronavirus pandemic has dramatically changed the country’s economic landscape, and in particular, the commercial real estate market. We can’t foresee what the long-term impact of the pandemic will be on commercial real estate, but with people choosing to work...
Greenworks Lending Receives Second S&P Green Evaluation for C-PACE Assets
(Darien, CT) – Greenworks Lending, the largest Commercial Property Assessed Clean Energy (C-PACE) capital provider in the country, today announced that its securitization of C-PACE assets, PACEWell 3 LLC, has received a Global Ratings Green Evaluation from S&P....
Pushing the Envelope: Taking C-PACE Global
C-PACE. An acronym that has brought much relief for property owners, hope for environmentalists, and plenty of “PACE-puns” for those in the industry. C-PACE, or Commercial Property Assessed Clean Energy, has grown its reputation as a solution towards mitigating...
Greenworks Applauds New York City’s Executive Order to Kick Start C-PACE Program Development
Yesterday, September 2nd, New York City Mayor Bill de Blasio signed an executive order to begin the process of Commercial Property Assessed Clean Energy (C-PACE) program development in New York City. New York City Council passed a local law to authorize C-PACE as part...