Success Stories
Every project tells a story. Learn how MinnPACE financing has helped Minnesotans bring energy-saving improvements to life while keeping upfront costs low.
The redevelopment, now home to the Minnesota Wild’s practice facility and the popular event space The Frost, showcases how creative financing tools like Tax Increment Financing (TIF) and Property Assessed Clean Energy (PACE) loans can spark innovation and long-term community benefits. Read More
- Loan Amount:
- $6.7 million
- Energy Improvement:
- Major Retrofit
- Annual Energy Savings:
- $700,000
- Location:
- St. Paul
- Download:
All Success Stories
OlymPak and Trillion BTU Partner to Power a Cleaner Future
OlymPak Printing and Packaging has installed a 1.32 MW on-site solar array, enabling the company to power 100% of its daytime operations and placing it among the largest privately owned manufacturer driven solar installations. Read More
- Loan Amount:
- 1,340,000
- Energy Improvement:
- Solar
- Annual Energy Savings:
- 2,249,049 kWh
- Location:
- Mora, MN
Midway Contemporary Art: Building a Sustainable Future Through PACE Financing
Midway Contemporary Art stands as a powerful example of how sustainability and creativity can thrive together. Thanks to the PACE Loan Program, this once utilitarian space has been transformed into a vibrant public art gallery. Read More
- Location:
- Minneapolis
C-PACE Investment Powers the Four Seasons Hotel and Skyline-Defining Tower
RBC Gateway, a striking 37-story glass and steel tower on Nicollet Mall, has redefined the Minneapolis skyline with its bold design and ambitious mixed-use development. Developed by United Properties, the $433 million project delivers: The city’s first Five-Star Four Seasons Hotel. Read More
- Loan Amount:
- $20,000,000
- Energy Improvement:
- Building Envelope, Lighting, HVAC
- Annual Energy Savings:
- $1,373,355
- Location:
- Minneapolis, MN
Minnesota Farm Powers Up with Solar and PACE Financing
In the heart of rural Minnesota, Skaurud Grain Farms has embraced clean energy with the help of MinnPACE, transforming its 20,000-acre operation into a model of sustainability and smart financing. Read More
- Loan Amount:
- $720,000
- Energy Improvement:
- Solar
- Annual Energy Savings:
- $9,614
- Location:
- Mahnomen, MN
Hmong Village Cuts Energy Costs with PACE Financing
Hmong Village, a vibrant indoor marketplace in St. Paul, occupied with over 300 Hmong-owned businesses, has taken a major step toward energy efficiency thanks to a $274,000 PACE loan from MinnPACE, a division of the Saint Paul Port Authority. Read More
- Loan Amount:
- $274,000
- Energy Improvement:
- HVAC and Lighting
- Annual Energy Savings:
- $5,033
- Location:
- Saint Paul, MN
How MinnPACE Financing Supports Senior Living Communities
With significant growth in the senior living sector, MinnPACE is proving to be a powerful tool. Hear from Markado CEO Mark Appelbaum on how PACE financing fuels long-term success. Read More
- Loan Amount:
- $1.6M
- Energy Improvement:
- HVAC, Lighting, and Windows
- Annual Energy Savings:
- $94,071
- Location:
- New Prague
Saint Croix Linens Boosted Efficiency with MinnPACE Financing
Saint Croix Linens tapped into MinnPACE financing to make their laundry operations in Saint Paul more energy efficient—and it’s paying off. Read More
- Loan Amount:
- $187,300
- Energy Improvement:
- Lighting, Bioler
- Annual Energy Savings:
- $11,400
- Location:
- Saint Paul
North Minneapolis Training Center: Living what they Teach
Powered by Solar the North Minneapolis training center teaches students in-demand skills for clean energy sector. Read More
- Loan Amount:
- $173,000
- Energy Improvement:
- Solar
- Annual Energy Savings:
- $7,000
- Location:
- Minneapolis
Why Deneen Pottery Chose MinnPACE
With MinnPACE financing, Deneen Pottery invested in renewable energy. President Niles Deneen shares the story behind the decision and its impact on the business. Read More
- Loan Amount:
- $390,000
- Energy Improvement:
- Solar
- Annual Energy Savings:
- $20,000
- Location:
- Saint Paul
A Sunny Investment for Green Gate Guest Houses at Giants Ridge
Thanks to MinnPACE, the owner of Green Gate Guest Houses next to Giants Ridge, was able to add solar and keep his unique guest lodges both welcoming and sustainable. Read More
- Loan Amount:
- $62,000
- Energy Improvement:
- Solar
- Annual Energy Savings:
- $3,200
- Location:
- Biwabik
MinnPACE Lowers Equity Barriers for Energy Projects
As banks get more conservative, MinnPACE steps up with lower equity requirements for projects that leverage energy efficiency upgrades and renewable energy installations. Read More
- Location:
- MinnPACE
Powering Transformation: Revisioning Downtown Saint Paul
MinnPACE made it possible to transform an aging department store into a sustainable, high-performing building. Read More
- Loan Amount:
- $6.7 million
- Energy Improvement:
- Major Retrofit
- Annual Energy Savings:
- $700,000
- Location:
- St. Paul
Map of Case Studies
The PACE Loan program made possible the conversion of our 1963 light industrial building into a public art gallery space. We could not of have had a better partner in realizing this project for our organization!