DaCruz, LLC and DaCruz Manufacturing, Inc. Improved Their Bottom Line with Greenworks Lending

Company Overview

DaCruz, LLC and DaCruz Manufacturing, Inc. is a family run manufacturer of precision components and sub-assemblies that serve small- to mid-sized Original Equipment Manufacturers, particularly in screw manufacturing.  The building is in the heart of Connecticut’s manufacturing sector, surrounded by a heavy concentration of machining capabilities, skilled technicians, and a solid network of local support suppliers.
 

Opportunity

Betty and Victor DaCruz were interested in lowering their energy bill to cut costs for their manufacturing facility. Solar, financed with C-PACE, allowed them to cut their energy bills and replace an aging roofs. Manufacturing in CT – and anywhere – is a difficult business these days. C-PACE was the perfect solution to keep the cash flowing to this important facility.
 

Property Summary

DaCruz, LLC and DaCruz Manufacturing, Inc., a precision machining parts manufacturer, is the sole occupant of the property. The project consists of a $669,117 roof-mounted solar installation.
 
100 Broderick Road is a 33,000 square foot facility owned by Dacruz LLC, co-owned by Victor and his wife, Betty. While Dacruz, LLC owns the building, Dacruz Manufacturing, Inc., will own the solar system.
 

Contractor

Green Earth Energy PhotoVoltaic LLC is a C-PACE program contractor who has completed a number of projects through Connecticut Green Bank programs. They are a Greenworks referral partner with over 15 projects in process.

DaCruz, LLC and DaCruz Manufacturing, Inc. Improved Their Bottom Line with Greenworks Lending

PROJECT SUMMARY

$35,089
Year 1 Savings

$832,576
Total net savings over 25 years
Business Type Manufacturing
Building Type Industrial
Project Type Solar
Project Cost $669,117
Term 20 Years