CITY OF STAMFORD, CONNECTICUT
Michael A. Pavia, Mayor
Contact: Lynn Arnow
Phone: 203.977.4150
larnow@ci.stamford.ct.us
For Immediate Release
MEDIA ADVISORY
The City of Stamford, The Clean Energy Finance Investment Authority (CEFIA), and The
Business Council of Fairfield County are holding a press conference to announce a
partnership to promote the adoption of CEFIA’s C-PACE program to improve energy
efficiency of office buildings in Stamford, CT.
Stamford, Connecticut; June 3, 2013 - Mayor Michael Pavia, the Clean Energy Finance
Investment Authority (CEFIA) and The Business Council of Fairfield County will hold a press
conference to announce a partnership to improve the energy efficiency of the City’s office
buildings.
In one of the most expensive markets for electricity in the country, Stamford’s approximately 54
million square feet of office, industrial and multi-family space, majority dating back 40 years, can
financially benefit from improvements made to outdated energy systems. CEFIA – the nation’s
first ‘green bank’ – has recently launched the statewide Commercial Property Assessed Clean
Energy (C-PACE) program to address these very properties.
Through this program commercial, industrial and multi-family property owners can access
affordable, long-term financing for smart energy upgrades to their buildings, with little or no
upfront cost. Leveraging a $20 million fund for use in projects statewide, this program
incentivizes capital improvements that are often deferred due to their cost.
Details on how the C-PACE program works, in addition to other incentives, will be provided at
the press conference.
WHAT:
Mayor Pavia Announces Energy Efficiency Partnership with the Clean Energy
Finance Investment Authority (CEFIA) and The Business Council of Fairfield
County
WHEN:
Wednesday June 5, 2013 at 10:00am
WHERE:
Mayor’s Conference Room, Government Center 10th Floor
888 Washington Boulevard
Stamford, CT 06901
WHO:
Mayor Michael Pavia, City of Stamford; Bryan Garcia, President & CEO, Clean
Energy Finance Investment Authority; Christopher Bruhl, President & CEO, The
Business Council of Fairfield County and Ron Araujo, Manager, Conservation and
Land Management, Connecticut Light & Power
About the Clean Energy Finance and Investment Authority
CEFIA was created by the Connecticut General Assembly in 2011. It is the successor
organization to the Connecticut Clean Energy Fund. CEFIA’s mission is to promote, develop and
invest in clean energy and energy efficiency projects in order to strengthen Connecticut’s
economy, protect community health, improve the environment, and promote a secure energy
supply for the state. CEFIA is governed by an 11-member board of directors appointed by the
governor and the leadership of the State Legislature. As the nation’s first full-scale clean energy
finance authority, CEFIA will leverage public and private funds to drive investment and scale up
clean energy deployment in Connecticut. For more information on CEFIA and C-PACE, please
visit http://www.c-pace.com.
About The Business Council of Fairfield County
The Business Council of Fairfield County was formed in 1970 by business leaders engaged in the
effort to build more livable, workable communities. The Business Council is governed by a board
of directors comprised of senior business executives and served by a professional staff.
Over the past decade, The Business Council of Fairfield County has emerged as a nationally
respected and influential regional network of business leaders, committed to strengthening the
economic vitality of our region and the performance of its member firms through research-based
public policy initiatives, information services and network building programs.