This week, the Port of Greater Cincinnati Development Authority approved a partnership with the Greater Cincinnati Energy Alliance that has the potential to "unleash more than $100 million in energy-related real estate investments in Hamilton County over the next five years," WCPO.com reports. The new partnership, which already has "a pipeline of 20 projects involving 570,000 square feet of commercial real estate where $50 million in energy upgrades are being reviewed for potential financing," will be "the region's main vehicle" for Property Assessed Clean Energy (PACE) financing. PACE bonds are a financial tool used by property owners to fund energy efficiency improvements on their properties.
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