Amalgamated Bank Closes $1.7M Retroactive C-Pace Deal to Revitalize Nashville Retail Space

Amalgamated Bank and Allectrify Back Green Redevelopment Powering Neighborhood BusinessesNASHVILLE, Tenn., Aug. 05, 2025 (GLOBE NEWSWIRE) -- Amalgamated Bank, a subsidiary of Amalgamated Financial Corp. (Nasdaq: AMAL), today announced the successful closing of a Commercial Property Assessed Clean Energy ("C-PACE") financing under the Davidson County C-PACER Program using Allectrify’s FASTPACE Platform. The nearly $1.7M retroactive C-PACE financing recapitalized the recently completed project, which is a gut ...