CastleGreen Finance has provided C-PACE sustainable energy new construction and renovation financing for major commercial properties across the country. The underlying characterizations delineate recent transactions.

Has provided:
$13,700,00 in C-PACE Renovation Financing
Converting the Sisters of St. Joseph convent into 292 apartments. Removal of asbestos containing materials, and upgrading ceilings, floors, heating ducts, pipe-fitting insulation, and boiler housing. Installing energy efficient LED interior lighting, efficient HVAC, and heating systems.
One Park Road (case study)
West Hartford, CT
and its affiliate X-Caliber Funding, LLC have provided
$94,000,000 Property Financing and $45,500,000 C-PACE Renovation Financing
C-PACE financing for energy efficiency upgrades and seismic mitigation measures, including LED interior/ exterior lighting, high performance HVAC systems, Building Envelope (roof/walls/ windows), low-flow faucet and DHW heater, energy effective pool pump/heater, and elevator upgrades.
Breakers Hotel
Long Beach, CA
and its affiliate X-Caliber Funding, LLC have provided:
$54,970,000 Property Financing and $20,610,000 C-PACE Renovation Financing
For recapitalizing/renovation of the landmark building. C-PACE financing for energy efficiencies and seismic mitigation measures, including efficient LED interior/exterior lighting, seismic strengthening, new HVAC systems, low-flow faucets, DHW heating, and elevator upgrades
Ocean Center Luxury Apartments (case study)
Long Beach, CA
and its affiliate X-Caliber Rural Capital, LLC have provided
$36,000,000 Property Financing and $11,000,000 C-PACE New Construction Financing
For energy efficiency upgrades, including LED interior/exterior lighting, high efficiency HVAC systems, Building Envelope (roof/walls/windows), low-flow plumbing and DHW heater.
Inn at Bellefield (case study)
Hyde Park, NY
and its affiliate X-Caliber Funding, LLC have provided:
$36,000,000 Property Financing and $12,300,000 C-PACE New Construction Financing
For energy efficiency upgrades and hazard mitigation measures, including LED interior lighting, high efficiency HVAC – PTAC/ VTAC systems, Building Envelope (roof/walls/windows), Low-flow faucets and DHW heater.
Homewood Suites
Skokie, IL
and its affiliate X-Caliber Rural Capital, LLC have provided:
$32,210,000 Property Financing and $7,210,000 C-PACE Renovation Financing
Financing the conversion of the former Milford Memorial Hospital to a nursing, and rehabilitation center with energy efficiency upgrades, including LED lighting, high efficiency HVAC systems, Direct Digital Control Building Automation Systems, low-flow plumbing and new windows.
Milford Village Wellness
Milford, DE
and its affiliate X-Caliber Funding, LLC have provided:
$29,100,000 Property Financing and $2,100,000 C-PACE Renovation Financing
For the conversion of 29 of the 42 townhouses into a total of 89 rental units. C-PACE Renovations include energy efficient LED interior lighting, efficient heating and cooling systems (with water heaters). Energy efficiencies will reduce approximately 46,000 pounds of CO2 annually.
Temple Street Apartments
Hartford, CT
and its affiliate X-Caliber Rural Capital, LLC have provided:
$52,000,000 Property Financing and $17,000,000 C-PACE New Construction Financing
The Property will consist of a 254,000 sq. ft. industrial refrigerated storage building as the first phase of a two-phase development on a 30.16-acre site. Financing the installation of high efficiency HVAC systems, wall, roof and window upgrades, LED interior and exterior lighting, seismic reinforcements, and low-flow plumbing.
Origo Cold Storage (case study)
Madera, CA
Has provided:
$2,380,100 C-PACE Improvement Construction Financing
The Property is secured by a property assessment on a 221,001 SF hydroponic greenhouse on 40 acres of land consisting of the original 50,500 SF structure and a 170,501 SF expansion at 4500 & 4501 E Basford Road, Frederick, Maryland. Financing will be used for energy efficient equipment measures including boilers, chillers and cooling towers.
District Farm
Frederick, MD
Has provided:
$2,140,000 C-PACE Improvement Construction Financing
The funds are a retroactive financing of the energy and water efficient installations during the construction of the Property. Financing will be used for roof, wall and window upgrades, interior and exterior lighting, low faucet fixtures, heating and HVAC upgrades.
Laurels of Lake Orion (case study)
Lake Orion, MI
Has provided:
$2,325,000 C-PACE Energy Efficiency Improvement Financing
The Property is a two-story building located on a 0.30-acre site in Litchfield, CT facing the town green and will be redeveloped into a two-story, 20-room, full-service boutique hotel with an upscale restaurant and a rooftop bar and lounge. Financing will be used for energy efficient improvements.
Litchfield Courthouse Boutique Hotel
Litchfield, CT
Has provided:
$3,984,000 C-PACE Energy Improvement Construction Financing
The property financing in the form of a C-PACE Assessment to 123 Aviation LLC. Financing is for the installation of a 1,029 kW photovoltaic array and 500 kW battery energy storage system and resiliency improvements at an almond processing and storage facility located at 3211 Aviation Dr, Madera, CA
California Custom Processing
Madera, CA
Has provided:
$4,379,429 C-PACE Energy Efficiency Improvement Financing
The property C-PACE financing to Dutchess Partners, LLC, for The Promenade at Fishkill, a proposed 150-unit (224-bed) senior housing facility located in Fishkill, NY. The proceeds of the financing will be utilized for energy efficient improvements, capitalized interest and all related fees and costs.
Promenade at Fishkill
Fishkill, NY