PACE and Twain Financial Partners of Austin announced the completion of the $4 million Commercial Property Assessed Clean Energy transaction for the Peregrine boutique hotel in Omaha on the corner of 18th and Douglas. The transaction will fund energy efficiency upgrades to a 106-year-old building in downtown Omaha, turning the historic structure into a 90-room Hilton Curio Hotel, with both a ground and rooftop restaurant that will be open to the public. The owners are using the clean energy program financing for lighting, roof, windows, HVAC, building automation system, elevators and low-flow plumbing.
The Peregrine Hotel is expected to be completed in Spring of 2019. For more information on the PACE program, please visit their program page on their website.