Financing Energy Efficiency for Behavioral Health Expansion
A Benchmarking
Buildings Case Study
Healthcare Facility
To support the ground-up construction of a 31,500 sq. ft. behavioral healthcare facility, MD Energy Advisors secured a $1.58 million C-PACE loan. The financing covered HVAC, building envelope, and lighting improvements—reducing operating costs and emissions while closing a key gap in the $11 million capital stack and ensuring long-term project stability.
Opportunity
A leading ASAM certified behavioral healthcare recovery center was looking to expand. Financing support was required for the ground up new construction of a 31,500 sq. ft. extended care alcohol and substance abuse rehabilitation facility housing 50 double bed units and 2 single bed units. The organization was seeking a trusted partner experienced in identifying and securing Commercial Property Assessed Clean Energy (C-PACE) financing solutions.
Solution
MD Energy Advisors collaborated with the design team to identify C-PACE eligible measures prior to construction filling a vital hole in the capital stack. The team was able to secure a C-PACE loan of $1.58MM, reducing the weighted average cost of capital and providing certainty of execution. The C-PACE financed energy efficient items including HVAC, building envelope, and lighting reducing both operating expenses and carbon footprint.
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