The Hampton Inn & Suites in Omaha, NE is a hotel and retail space. The C-PACE financing covers multiple energy efficiency and electrification measures, including high-efficiency HVAC and DHW systems, low U-Value windows, LED lighting, and low-flow plumbing. These measures will enable strong building performance and support low energy costs for the completed building.
Highlights
First State Bank of the Florida Keys funded this C-PACE transaction through FASTPACE. The $3.6M financing is the first C-PACE loan in Nebraska to be originated on the FASTPACE platform. First State Bank of the Florida Keys was able to complete the financing with their one-person energy efficiency lending team thanks to the FASTPACE platform.
Results
The financed improvements are projected to result in upwards of $4M of total annual cost savings at the property.