The Carondelet High School
The Carondelet High School received $1.7M in C-PACE financing for the installation of a 720 kW solar array. This expansive carport and rooftop array will offset nearly 100% of the school’s annual energy usage and is expected to save The Carondelet High School over $150,000 each year on their electricity bills for the next 25 years.
Founded in 1965, Carondelet is a private all-girls college preparatory school located in Concord, CA on a 9.2 acre campus. Nuveen Green Capital provided the school with a C-PACE secured Power Purchase Agreement that helped Carondelet take advantage of the solar tax incentives given the school’s status as a non-profit organization and provides the school with on-going system maintenance and a solar production guarantee.