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The Philadelphia Metropolitan Opera House

November 2020 PHILADELPHIA, PA

Enhanced Capital closed $6 million of retroactive Property Assessed Clean Energy (PACE) financing to help refinance existing debt on the historic Philadelphia Metropolitan Opera House (The Met). After extensive rehabilitation, The Met reopened and had its first show in December 2018 and has been a considerable success both as a concert venue and as a catalyst for further development in the area.

In November 2020, the property owner, EBRM, engaged Enhanced Capital to take advantage of the retroactive financing available as part of the Philadelphia Energy Authority’s PACE program. The investment supports renovations that lower The Met’s overall energy usage and reduced greenhouse gas emissions. More information about The Met.