News and Blog
The Climate of Culture
2019 was the year we doubled in size. 18 people, our size at the end of 2018, is like an extended family. At over 35, where we are now, it is a small institution. 2019 was also the year I became a new mom. As I thought about how I was modeling behavior for my new...
Celebrating Leaders in Clean Energy for Black History Month
Thanks to the contributions of these innovative leaders in clean energy, our nation took strides towards a healthier planet. At Greenworks Lending, we are indebted to these brilliant minds for paving the way for a clean energy economy, and advancing the work of our...
Impact Dashboard – Q4 2019
C-PACE, An Innovative Financing Mechanism for Hotel Construction and Retrofit
As green initiatives continue their rise nationwide, hotel owners and developers are increasingly recognizing the many financial and environmental benefits of clean energy. According to a recent ULI study, these initiatives increase property values by boosting net...
Greenworks Lending Closes First Multimillion-Dollar C-PACE Deal in New York
Greenworks Lending Provides $2M in Energy Efficiency Financing for New York State’s First Agricultural Open C-PACE Project (Darien, CT) – Greenworks Lending, the nation’s leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing, has...
Greenworks Lending CEO Jessica Bailey Selected for Competitive EY Entrepreneurial Winning Women™ Class of 2019
EY announced today that Jessica Bailey, CEO and co-founder of Greenworks Lending, the country’s largest provider of C-PACE financing, was chosen as one of the 13 women founders selected for the EY Entrepreneurial Winning Women™ North America Class of 2019. The...
Greenworks’ Ali Cooley Wins Westfair Communication’s 2019 Millennial Award!
Greenworks Lending's Alexandra "Ali" Cooley has been selected as an honoree, by a panel of experts, for Westfair Communication's 2019 Millennial Awards. This annual award celebrates the new era in the workforce and recognizes individuals who are leaving their...
Greenworks Impact Dashboard – Q3 2019
Greenworks Lending Featured in New York Times
The New York Times recently published an article, written by Joe Gose, about C-PACE financing. The article, featuring Greenworks Lending's CEO and Co-Founder, Jessica Bailey, highlights how developers are increasingly taking advantage of C-PACE financing to help pay...
Prince George’s County, Maryland Closes First C-PACE Transaction
(Image courtesy of Prince George’s County) (Prince George’s County, Maryland) – Southern Friendship Missionary Baptist Church, a 74-year-old church located in Temple Hills, MD, will be the very first property in Prince George’s County, MD to receive Property Assessed...
Intern Spotlight – Bentley Ahl
Advancing the Economic Benefits of Clean Energy Growing up in the countryside of lower Pennsylvania, I was surrounded by nature and gained a deep respect for the outdoors, which culminated into declaring environmental studies as my major at Bucknell University. It’s...
The Benefits of C-PACE for Development Projects
C-PACE for Development Projects For nearly ten years, C-PACE has been financing green retrofit projects to existing buildings. Over the last 24 months, C- PACE has seen rapid growth as a financing tool for development projects, including ground-up construction and...
Intern Spotlight with Eric Grundt
As a rising senior at Bentley University, I am currently pursuing a unique degree in professional sales with a minor in earth, energy, and environmental sustainability. For me, a position in professional sales would offer the opportunity to provide service to those in...
How Incorporating C-PACE can Benefit Historic Tax Credit Projects
Greenworks Lending is a specialty finance company that pioneered Commercial Property Assessed Clean Energy (“C-PACE”) loans, a form of legislation-enabled clean energy financing that encourages renewable and energy efficient installations in commercial real estate....
Greenworks Impact Dashboard Q2 2019
Extending the Energy Efficiency Market Through and Beyond LED Lighting
Traditionally, the lighting industry has been focused on quick paybacks, simple installation, and iterative improvements that allow a new retrofit to be conducted every 5-10 years. The market has now reached a point where that needs to change. Networked lighting...
Historic Plaza Hotel El Paso Undergoes Revitalization with Help from Texas C-PACE Program
Greenworks Lending will provide over $9M for energy saving elements of the gut rehabilitation. The Plaza Hotel, a historic Art Deco styled 19-story hotel built in 1930 in downtown El Paso, will be undergoing a multimillion-dollar gut rehabilitation. The hotel has been...
Greenworks Lending Recognized by the U.S. Department of Energy
This week, the U.S. Department of Energy (DOE) recognized Greenworks Lending as a financial ally goal achiever in the Better Buildings Challenge. The Better Buildings Challenge is a DOE program that works with market leaders to drive the acceleration of cost-effective...