… Infrastructure Bank (RIIB), a quasi-public state entity, sought to bring much-needed clean-energy finance into the state market. This case study describes how this bank set up the … brought into the agency. The RIIB administers a number of financial-assistance programs for environmental projects in the state. One of these programs is the EBF, a financing program … brought into the agency. The RIIB administers a number of financial-assistance programs for environmental projects in the state. One of these programs is the EBF, a financing program …
… meet ambitious goals, looking to reduce waste in its and its suppliers' operations. In the energy area, the company was hoping to receive 50% of its energy from renewable sources by 2015, even in a period of rapid growth, increasing its … of the EVM wind farm had ignited Manuel Gómez Peña’s thinking about further renewable energy projects. Gómez, Walmart de México’s Director of Sustainability, was considering ways …
… of greenhouse gases that these buildings emit and reduce their operating costs. While these energy-efficiency upgrades are often cash-flow-positive with the right loans, they have … make in the event of a default is junior to the property mortgage holder. This is why the Environmental Upgrade Agreement (EUA) plays an important role. The EUA is a deal structure … to attract private finance. It also addresses the misalignment of incentives by creating an Environmental Upgrade Charge (EUC) that allows a property owner and a tenant to more …
… NY Green Bank (NYGB), New York State’s $1-billion clean-energy fund, and a young new efficiency company named Sealed signed a $5-million loan-financing agreement as a way to broaden the market for home energy-efficiency upgrades. In New York State, those upgrades face two key barriers to … over time. Second, while large-scale investors are increasingly familiar with residential energy-efficiency financing, they don’t use energy savings in their underwriting criteria. …
… movement." The Green Bank used financial structuring to attract private capital to clean energy projects in Connecticut. Using transaction enablers and risk mitigants like loan … the Green Bank lowered the cost of capital for consumers and businesses to install energy efficiency upgrades and renewable technology. It supported the banking industry in … funding structures would impact their mission to accelerate private investment in clean energy, create Connecticut jobs, promote energy security, and address climate change. …
… a recession, a colleague at another firm asked Blumenthal to consider investing in a paper mill in Nova Scotia. The mill, Pictou Pulp, manufactured northern bleached softwood … had a good core business. The mill also presented some significant problems: financial, environmental, political, labor, and operational. With the bursting of the housing bubble, … question, then, was how much to pay. Equity and Justice Sustainable Finance and ESG Environmental Innovation Northern Pulp: A Private Equity Firm Resurrects a Troubled Paper …
… Suzlon, an India-based wind energy company, had made quite a splash in its first three-and-a-half years on the … enter the international wind energy business. The demand for electricity was booming, while environmental concerns over greenhouse gases emitted by coal-fired electrical plants had … enter the international wind energy business. The demand for electricity was booming, while environmental concerns over greenhouse gases emitted by coal-fired electrical plants had …
… public policy and grow his company's bottom line. Under Immelt's leadership, GE launched an environmental business initiative called "ecomagination" in 2005 that was rooted in four … the volume and intensity of greenhouse gas emissions (GHG) from GE's operations and improve energy efficiency its facilities by 2012; To keep the public informed about ecomagination … a business growth initiative. His candor earned him praise from leaders of powerful environmental NGOs like World Resources Institute President Jonathan Lash, who announced his …
… into Mexico's gasoline supply. As Mexican policy makers looked at the country's energy supply, they expected that substituting bioethanol for some portion of gasoline fuel … without requiring changes to vehicle internal combustion engines and station pumps. Brazil had gone even further, requiring vehicles to be "flex-fuel," engineered to run on … at the pump. No bids came in under PEMEX's maximum. Considering (1) the constraints in the economics of ethanol for fuel production, (2) the potential market opportunities for PEMEX, …
… Before the federal government discontinued the United States Department of Energy’s (DOE) Qualified Energy Conservation Bond (QECB) program in 2017 as part of its tax reform package, states like Virginia leveraged this program to accomplish energy efficiency goals. When evaluating how to use Virginia’s QECB allocation, decision …