… 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 … the cost over time. Second, while large-scale investors are increasingly familiar with residentialenergy-efficiencyfinancing, they don’t use energy savings in their underwriting … of households. NYGB and Sealed entered the loan agreement to find a solution to these challenges. To guide other green-bank-like entities that are familiar with the deployment of …
… 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 … Agency (CWFA). Three other programs—Commercial Property-Assessed Clean Energy (C-PACE), Residential Property-Assessed Clean Energy (R-PACE), and the Brownfield Revolving Fund—were … programs for environmental projects in the state. One of these programs is the EBF, a financing program designed to accelerate energy-efficiency and clean-energy upgrades to …
… resources, absent a creditworthy off-taker the project would not have been able to line up financing. With Walmart de México’s 15-year PPA (Power Purchase Agreement) in hand, the … 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 … Gómez, Walmart de México’s Director of Sustainability, was considering ways the project financing structure might be further adapted to allow Walmart de México to participate in …
… provides Roanoke Electric Cooperative (REC) and its customers with a simple yet powerful energy-efficiency-financing product. To date, the program has performed much better than expected. Average …
… 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 failed to … for this underinvestment. Building owners and tenants do not always share reduced energy costs in a way that incentivizes owner investment. Financial institutions are …
… the second edition of its CT Solar Lease program in an attempt to create an accessible financing solution for independent local contractors to support the rising demand for residential and commercial solar systems. This case study focuses on the residential side … the financing structure of the program and presents the lessons learned from implementation challenges. Sustainable Finance and ESG Clean Energy CT Solar Lease 2 … CT Solar Lease 2 In …
… 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 energyefficiency upgrades and renewable technology. It supported the banking industry in offering … sheet? And if so for how long? What were the political, economic, and climate risks and opportunities of a slower transition? And what trade-offs existed between goals of …
… As the Connecticut Green Bank works to design high-impact programs for the solar market, it has supported the design and adoption of legislation that expanded the Residential Solar Investment Program (RSIP) by creating the Solar Home Renewable Energy Credit (SHREC). The SHREC provides a stable funding structure for an expanded RSIP. …
… 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 energyefficiency goals. When evaluating how to use Virginia’s QECB allocation, decision makers considered the increased flexibility of Green Community Programs (GCPs) relative to traditional QECBs and “qualified” projects. GCPs can issue bonds …
… that strategy – nuclear power plants. There were strong proponents and opponents of nuclear energy on the GC3 and Garcia was weighing each side’s arguments before announcing his own … nonprofits. The GC3 recommendations would have to take into account Connecticut’s changing energy profile. Between 1996 and 2015, natural gas largely replaced the dirtier fossil fuels … generation to provide almost half of the state’s electricity and one-third of the its energy (including for transportation and home heating). But the one constant had been the …