Entries by Rudy Sturk

Hitchcock Printing installs solar system to power their facility

New Britain business will save more than $1.2 million in energy costs

Hartford, CT (January 16, 2025) – The Connecticut Green Bank is pleased to announce the closing of Commercial Property Assessed Clean Energy (C-PACE) financing for a solar photovoltaic system at Hitchcock Printing & Distribution Services, located at 191 John Downey Drive in New Britain. The system is estimated to save the business more than $1.2 million in avoided energy costs over the next 20 years. Founded in 1904 by Edwin Rogers Hitchcock, the company runs a modern 21,000 square foot facility with a highly skilled workforce and state-of-the-art equipment to provide printing, creative design, finishing, and mailing services.

“The addition of our solar system is a key to staying competitive now and in the future,” said Anthony Bracco, President of Hitchcock Printing. “State of the art equipment, and a highly trained youthful workforce accompanied with a plan to manage our energy costs will ensure that we have an edge in the years to come.”

The 227-kw system was developed and installed by Smart Roofs Solar Inc. in Monroe.

Since 2013, C-PACE financing has helped building owners complete more than 400 projects for estimated energy costs savings of nearly $420 million. C-PACE financing allows commercial property owners to install green energy upgrades today and pay for them over time, covering up to 100% of costs at low-interest rates with terms up to 25 years.

“We are seeing continued interest in C-PACE from energy-intensive businesses seeking ways to reduce their energy-cost burdens, especially through the addition of solar systems,” said Mackey Dykes, Vice President of Financing Programs at the Connecticut Green Bank. “It’s exciting when companies with long histories in their community, like Hitchcock Printing, take advantage of green technologies to enhance their bottom line.”

For more information about C-PACE, please visit ctgreenbank.com/cpace

Connecticut Green Bank’s Fiscal Year 2024 Annual Report Highlights Progress as Economic Catalyst Through Partnerships

Green Bank programs continue to create jobs and grow the green economy while helping thousands of families and businesses reduce their energy costs   Hartford, CT (Jan. 8, 2025) – The Connecticut Green Bank recently released its 13th annual report for fiscal year 2024, which showed continued leadership in the state’s green economy. Every public […]

Milford Holdings LLC closes on 1.1-megawatt solar project

Wampus Lane project is estimated to generate $4 million in energy revenue for the ownership    Hartford, CT (Dec. 16, 2024) – The Connecticut Green Bank is pleased to announce that Milford Holdings LLC has recently closed on C-PACE financing for a 1.1-megawatt solar project at their property at 80 Wampus Lane in Milford. The […]

Connecticut Launches “GreenGain” Sustainability Program for Small Manufacturers

Pilot program to provide energy efficiency and sustainability training, mentoring, and project funding support for small CT manufacturers   HARTFORD, Conn. (December 11, 2024) – The Connecticut Department of Economic and Community Development’s Office of Manufacturing, in partnership with the Connecticut Sustainable Business Council (CTSBC) and the Connecticut Green Bank (Green Bank), today announced the […]

Electric School Bus Deployment RFP Announced

December 9, 2024 – The Connecticut Green Bank is pleased to announce a Request for Proposals (RFP). This RFP makes available Green Bank low-interest financing resources and state matching grant funds administered by the CT Department of Energy and Environmental Protection (CT DEEP) for electric school bus (ESB) projects in Connecticut. Recipients of previously awarded […]

Connecticut Green Bank Seeks Proposals to Construct Solar Projects at Affordable Multifamily Housing Sites

HARTFORD, Conn. (Dec. 2, 2024) – The Green Bank recently released a Request for Proposals (RFP) seeking qualified contractors or entities to provide engineering, procurement, and construction (EPC) services for solar photovoltaic (PV) projects at Affordable Multifamily Housing (AMFH) sites. Through this RFP, the Green Bank seeks to procure EPC services to install 2 megawatts […]

Small Business Energy Advantage Program Continues to Grow; Surpasses $100 Million in Loans Since 2018

Eversource’s program is supported through a financing agreement with Amalgamated Bank and the Green Liberty Note offerings from the Connecticut Green Bank   Hartford, CT (November 13, 2024) – The Connecticut Green Bank and Amalgamated Bank recently celebrated the cumulative purchase of $100 million in loans through Eversource’s Small Business Energy Advantage (SBEA) program, which […]

October 2024 Contractor Updates

October Contractor updates: Join our Contractor Network to co-brand with us. Expand your visibility and demonstrate your commitment to helping homeowners thrive. Learn more at https://www.ctgreenbank.com/contractor-solutions/cobranding/ Upcoming trainings can be found here. Stay tuned for an upcoming Request for Proposals Opportunity for EPC Services for a portfolio of Affordable Multifamily Housing projects! ​ Commercial solar contractors: If you are interested in becoming […]

Connecticut Green Bank Seeks Qualified Vendors to Provide Services Related to Energy and Environmental Areas

Request for qualifications aimed at vendors with specialized capabilities to support key Green Bank initiatives   HARTFORD, Conn. (Sept. 10, 2024) – The Connecticut Green Bank is pleased to announce the release of a Request for Qualifications to establish a pool of qualified vendors (consultants, technical professionals, engineers, and others), including women and minority owned […]