… 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 … clean-energy activities. The Rhode Island Public Energy Partnership (RIPEP) was temporarily accelerating utility energy-efficiency efforts. The new state leadership created the RIIB. … Finance Agency (CWFA). Three other programs—Commercial Property-Assessed Clean Energy (C-PACE), Residential Property-Assessed Clean Energy (R-PACE), and the Brownfield Revolving …
… 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 … widespread adoption. The first barrier is that a whole-home upgrade is a high out-of-pocket investment for a homeowner. Homeowners who make upgrades often have to pay cash outright or …
… 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 … that took them too far from the company’s central activity of retailing. The company’s investment group analyzed sustainability projects on the same basis as any other project, …
… 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 … an important role. The EUA is a deal structure modeled on property-assessed clean energy (PACE) in the United States. It allows loans for building upgrades to be paid back via a …
… urging them to divest of all fossil fuel companies from their portfolio. The Foundation’s investment committee had formed a subcommittee to consider what to do, but Gentry admitted … carbon investing. Commonfund had been helping their clients think through these new investment considerations and evaluate potential methods to reflect such considerations … GPSU Foundation faced a set of dilemmas. The basic question was how should they frame their investment policies regarding carbon and what should be the objective of such a policy? …
… 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 … consider how different funding structures would impact their mission to accelerate private investment in clean energy, create Connecticut jobs, promote energy security, and address …
… 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. … program uses the PAYS® framework. PAYS® is an on-bill-financing solution developed by Clean Energy Works (CEW), an organization founded by Dr. Holmes Hummel, who served as the Senior …
… 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 …
… 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 …
… 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. … needed to be retooled to incentivize in-state market development. Solar-market demand was accelerating faster than incentives could fulfill it—even as falling incentives dropped more …