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You are here: Home1 / Customer Stories2 / Building Solutions3 / Glenbrook Industrial Park solar installation will produce annual savings...

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Glenbrook Industrial Park solar installation will produce annual savings of $51,440 each year.

Through Spinnaker Real Estate Partners (managing partner and a principle investor), this industrial complex had energy upgrades financed using C-PACE, aligning with Spinnaker’s commitment to resilient and sustainable building practices. Built in 1943, Spinnaker saw potential in Glenbrook and redeveloped the 185,000 sq. ft. space into a modern home for makers, artisans, and manufacturing firms. C-PACEfinancing was used to install a 135kW solar PV rooftop system to create an efficient location that was attractive to tenants who prioritize sustainability, while lowering their operating costs. Across a portfolio of 3 solar projects financed with C-PACE, Spinnaker will have annual energy savings of $203,700, amounting to $4,074,005 in total energy savings over financing term.

“It’s extremely important that we are saving energy and saving money at the same time. It’s in everybody’s best interest, and it’s the right thing to do.”

– George Snead, Wakefield Design Center, Tenant at Glenbrook Industrial Park

Location

Glenbrook Industrial Park • Stamford, CT

Energy Update

135 kW roof mounted solar photovoltaic system and roof upgrades

Total Loan Amount

$413,981 • Over 20 years

Projected Energy Savings

$1.02 million • Over the life of the upgrades

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