Case Study
Oakland County Beer Distributor Uses PACE For Ground Breaking Project
OVERVIEW Powers Distributing, a beer distributor in Orion Township, Michigan, teamed up with Levin Energy Partners, Newman Consulting Group, Petros PACE Finance, and Michigan Solar Solutions to complete Michigan’s first refinanced PACE project. Under Michigan’s PACE statute, any project that qualifies for PACE financing can also be refinanced, allowing for companies such as Powers Distributing to obtain long-term financing for recently completed clean energy projects. From 2013 to 2015, Powers added more than 16,000 square-feet of solar panels to its recycling center, reduced monthly energy costs by $2,000, installed LED lighting, and began working towards becoming a zero landfill business. Also Oakland County’s first PACE project, Powers Distributing worked with Petros PACE Finance to sec