Winthrop Center Residences Secure New England’s Largest C-PACE Financing
MassDevelopment, Nuveen Green Capital and Millennium Partners announced $281 million in private financing for the Millennium Residences at Winthrop Center at 115 Federal St. in downtown Boston under the state’s Property Assessed Clean Energy (PACE) Massachusetts program. This…
MassDevelopment, Nuveen Green Capital and Millennium Partners announced $281 million in private financing for the Millennium Residences at Winthrop Center at 115 Federal St. in downtown Boston under the state’s Property Assessed Clean Energy (PACE) Massachusetts program. This…
BELLINGS Intelligence Score: 15
Why it matters
This is a notable private financing transaction using C-PACE, the largest in New England, but it represents routine capital raising activity within a niche green financing program without broad market or systemic impact.