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Local financial institutions play a vital role financing clean energy – by Jeffrey Diehl

Over the past 3 years, 22 projects across Rhode Island have used financing from Rhode Island Infrastructure Bank’s Commercial Property Assessed Clean Energy Program (C-PACE) to reduce energy costs by upgrading commercial buildings. C-PACE is an innovative financing product that allows commercial real estate owners to access 100%, fixed-rate, long-term financing for energy, water efficiency and resiliency improvements to their property or building.

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