Amalgamated Bank funded this C-PACE transaction through FASTPACE. The $4.98M C-PACE financing for UWC-USA is the first FASTPACE closing in New Mexico.
· Adjustable rate C-PACE financing — attractive cost of capital with prepayment flexibility
· C-PACE covered 100% of qualifying project costs
· School partnered with Energy Systems Group on project execution and local C-PACE opt-in
UWC-USA is a boarding school in the foothills of the Sangre de Cristo Mountains, New Mexico. C-PACE financing supports priority CapEx to harden the property against severe weather and improve operating efficiency.