Commonwealth Financing Authority Announces New Alternative, Clean Energy Investments

Commonwealth Financing Authority Announces New Alternative, Clean Energy Investments

WASHINGTON, D.C. – May 14, 2015 – (RealEstateRama) — Governor Wolf announced today that the Commonwealth Financing Authority approved funding to support seven new Alternative and Clean Energy (ACE) projects with the investment of more than $8.12 million in grants and $1.74 million in loans.

“The projects approved today by the Commonwealth Financing Authority will help to improve the environment and safeguard the state’s future,” Governor Wolf said. “Investing in alternative and clean energy technologies helps to reinvigorate Pennsylvania’s path to success as an energy leader.”

The Commonwealth Financing Authority (CFA) approved three Alternative Energy Production projects, two High Performance Building projects and two Compressed Natural Gas projects through the state’s Alternative and Clean Energy (ACE) program.

The CFA investments in Allegheny, Centre, Dauphin, Lancaster, Lycoming, Philadelphia and Wyoming counties are projected to result in nearly $93 million in additional economic investments.

The ACE Program provides financial assistance in the form of grants and loan funds used by eligible applicants for the utilization, development and construction of alternative and clean energy projects in Pennsylvania.

For more information about the CFA and a complete list of approved projects, visitwww.newPA.com or call 1-866-466-3972.

MEDIA CONTACTS:
Heidi Havens, DCED; 717-783-1132
Megan Healey, Governor’s Office, 717-783-1116

Editor’s Note: CFA project approvals funded through the ACE Program:

Alternative Energy Production Projects:
Allegheny County
Duquesne University of the Holy Spirit will receive a $2 million grant for the installation of a combined heat and power system for the University’s Energy Center, which generates electricity and uses waste heat for heating buildings on campus. The existing gas-fired boilers will be replaced with lower-emission, higher-efficiency boilers, increasing capacity. The project is anticipated to save 18,256 million cubic feet of natural gas annually and provide $82,154 in annual cost savings. The total project cost is estimated at $11,320,000.

Dauphin County
Pennsylvania State University will receive a $940,000 grant for the purchase and installation of a 6 MW combined heat and power plant at the Penn State Milton S. Hershey Medical Center located in Derry Township. The combined heat and power (CHP) plant will generate 38,858,291 kWh onsite, offsetting 29 percent of the electricity purchased from electric providers. In addition, the CHP plant will offset 228,485 MMBTu of thermal output from the existing steam boiler, a 44 percent savings. The total project cost is estimated at $18,991,278.

Lancaster County
The Borough of Columbia will receive a $1,449,952 loan and a $300,000 grant for the installation of an anaerobic digester for use at its wastewater treatment plant. Using hauledseptage and food wastes, the system provides a beneficial reuse and will generate biogas. The biogas generated will be used to fire a combined heat and power unit, which is used to operate the facility and generate electricity to power the equipment within the treatment plant. The new system will reduce the facility’s current electrical usage by 3,983 kWh. The total project cost is estimated at $3,499,942.

Compressed Natural Gas (CNG) Projects:
Philadelphia County
Clean Energy will receive a $519,280 grant for the construction of a public access CNGfueling station located off Highway-1 in Philadelphia. The CNG fueling station will have a capacity to dispense 3,331,463 GCE of natural gas per year to both light and heavy duty vehicles from distribution centers and the port. The total project cost is estimated at $1,298,201.

Wyoming County
Southwestern Energy NGV Services, LLC will receive a $725,503 grant for the construction of a CNG filling station to be located in Tunkhannock Township. The public access CNG filling station will include two fast fill dual hose pumps with a total of four dispensers located on Highway 6 and adjacent to Mountain Energy’s water pumping stations. In addition to 24/7 access, Mountain Energy’s fleet will be Southwestern Energy’s anchor vendor. The total project cost is estimated at $1,813,759.

High Performance Building Projects:
Centre County
State College Area School District will receive a $1,935,393 grant for the renovation of the State College Area North High School into a high performance building for their Delta Program School, which is currently located off site. The school is being designed to serve 300 students, grades 5 through 12. The new, renovated 161,275-square-foot facility will include a high efficiency HVAC system, energy efficient windows, improved roof and wall insulation, LED lighting and a 83 kW solar photovoltaic system. The project is anticipated to reduce energy consumption by 4,928 MMBtu annually. In addition, new low-flow water fixtures will save the district over 649,604 gallons of water annually, a savings of 41 percent. The project will also achieve USGBC LEED Gold. The total project cost is estimated at $19,353,928.

Lycoming County
Montoursville Area School District will receive a $2 million grant for the renovation of theMontoursville Area High School into a high performance building. The renovated 205,000-square-foot high school will include a high efficiency HVAC system, energy efficient windows, improved roof and wall insulation, LED lighting and a 83 kW solar photovoltaic system. The project is anticipated to reduce energy consumption by 14,408 MMBtu annually. In addition, new low-flow water fixtures will save the district over 425,000 gallons of water annually, a savings of 40 percent. The project will also achieve USGBC LEED Gold. The total project cost is estimated at $36,463,952.

Contact
HEIDI HAVENS; 717-783-1132

SHARE
Previous articleHastings’ Statement on Amtrak Derailment in Philadelphia
Next articleGovernor Wolf Announces Tax Credits and PennHOMES funding for Affordable Multifamily Developments in Pennsylvania