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Chicago & Midwest  + Greater Chicagoland  + Finance  |  December 9, 2020
The conversation around the "value of green" real estate now focuses on the long-term return on sustainability.
Paul Bubny
By: Paul Bubny

Will Becomes Fifth Illinois County with C-PACE Program

The Illinois Energy Conservation Authority was selected by Will County as the program administrator for the Will County Commercial Property Assessed Clean Energy (C-PACE) financing program for commercial real estate owners. The passing of the C-PACE ordinance by the Will County Board makes it the fifth county-wide C-PACE program in Illinois.
 
“It is exciting for Will County to continue to lead the region in energy, sustainability and economic development by establishing their own C-PACE Program,” said Will County Executive Denise Winfrey. “This program enables commercial entities to capitalize on low cost opportunities to save on energy costs through more efficient buildings. The program also initiates more renewable energy projects and resiliency measures that may have not been possible before.”  
 
Introduced in Illinois in 2019, C-PACE provides long-term, fixed-rate funding to private building owners for energy efficiency, renewable energy, water conservation, electric vehicle charging and resiliency projects. 
 

For comments, questions or concerns, please contact Paul Bubny

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).
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