Chicago PACE Featured in Midwest Energy News

In Chicago, a New Financing Tool for Clean Energy and Efficiency Upgrades

In Chicago, a New Financing Tool for Clean Energy and Efficiency Upgrades

August 28, 2019

Advocates see strong potential in Chicago and surrounding areas for property assessed clean energy financing to boost investments.

Amped Kitchens is opening a Chicago “apartment building for kitchens” where companies can rent space to cook food to be sold to major grocery chains and other customers, based on its successful model in California.

As Amped CEO and co-founder Mott Smith describes it, “This is an industry that struggles with inefficiency. You just need to move a ton of air through these facilities.”

Hence Amped Kitchens is hoping to take advantage of Chicago’s newly minted Property Assessed Clean Energy, or PACE....

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