This medical rehabilitation facility in Florida received $9.4M in C-PACE financing from PLG for energy conservation measures, which are expected to save $71,805 annually throughout the payback period.
South Florida Medical Rehabilitation Center receives $9.4M in C-PACE financing
This medical rehabilitation facility in Florida received $9.4M in C-PACE financing from PLG for energy conservation measures, which are expected to save $71,805 annually throughout the payback period. C-PACE is a part of the project's total capital stack of $37.85M.
Minnesota C-PACE program upgrades pass legislature
PLG CEO Rafi Golberstein and COO Bali Kumar played a major role in getting Minnesota's most recent C-PACE legislative changes across the finish line.
Changes to the MN program include:
Removed SIR requirement | LTV cap raised from 20 to 30% | Max loan term expanded from 20 to 30 years | Water conservation and resiliency improvements are now PACE-eligible