Anchorage officials and business leaders announced Monday that they had closed the biggest deal to date in a green financing program’s short history.
has financed $5.5 million for the Alaska Hotel Group, which is renovating the former Aviator Hotel. The money is paying for upgrades that will give the building a smaller carbon footprint, higher property value and lower operating costs.
The money is paying for a new, combined heating and power system, ventilation systems, new insulation for the roof and walls, and new water-saving plumbing fixtures. Melanie Lucas-Conwell, director of the municipality’s C-PACER program, speaks at a press conference at the Aviator Hotel under renovation in downtown Anchorage on Monday. “We all know how much our buildings need upgrades in Anchorage. The program’s also available now for new construction, which we’re very excited to see — not just clean energy, but also resilience,” she said.
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