Spinnaker Real Estate Partners (managing partner and a principle investor) has a passion for projects that connect people, housing, business, jobs, and recreation. This widespread passion aligns with the versatility of the C-PACE program. It can even apply to properties like this one with two ice rinks! Buildings with rooftop solar photovoltaic systems financed using C-PACE save money by lowering the overall energy costs of the building, raising the profile of the property. Spinnaker utilized C-PACE to help it achieve its mission to build responsibly and affordably. Across a portfolio of 3 solar projects financed with C-PACE, Spinnaker will have annual energy savings of $203,700, amounting to $4,074,005 in total energy savings over financing term.
Customer Story
Former engineering plant in South Norwalk renovated into state-of-the-art sports facility with almost $2 million in lifetime energy savings.
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Spinnaker is committed to meeting or exceeding standards in green building development. And the Connecticut Green Bank is an excellent partner in that mission.
— Clay Fowler, Chairman and CEO, Spinnaker Real Estate Partners
More from this story
LocationSoNo Ice House • Norwalk, CT |
Energy Update312 kW roof mounted solar photovoltaic system and roof upgrades |
Total Loan Amount$1.02 million • Over 20 years |
Projected Energy Savings$1.96 million • Over the life of the upgrades |
