Rooftop Solar on 3030 Bridgeway Office Building

$269,000    |   30 Year Term   |   75.69kW DC Rooftop Solar System

Rooftop Solar on Marin County, CA Suburban Office

The 3030 Bridgeway office building is another asset in Seagate Properties’ portfolio. The C-PACE proceeds funded the installation of 76kW rooftop solar system on a suburban office building, which is located down the street from CleanFund headquarters on the waterfront of Sausalito, CA.

The Challenge
Hosting 92 tenants, Seagate wanted a financing solution that would provide the highest cash-flows and make it economically feasible to install solar on 3030 Bridgeway.

The Solution
CleanFund provided $269,000 in C-PACE financing with a 30-year term for the installation of a 76kW rooftop solar system. The long-terms matched the useful life of the solar panels, allowing for a cash-positive improvement.

The Result
Seagate receives an annual utility savings of >$20,000 on their 3030 Bridgeway asset, which attracts high-value tenants by offering a modern, energy efficient building.
Mark Polite
Mark Polite Principal, Seagate Properties

“We’re looking at substantial solar arrays, roof replacement and even solar carports on large parking lots. CleanFund's financing makes it more feasible for a building owner to pursue LEED and other ratings. And it flows directly to the bottom line as we save on expenses.”