… investment banking firm receives an urgent call from James D. Marston, Regional Director of EnvironmentalDefense's Texas Office and head of the Texas Climate Initiative. You meet with him and learn that he needs help preparing for an unusual negotiation. Marston will be …
… project received a significant boost. While the proposed wind farm was located in an area with abundant wind 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 developers were … México could consider. Any project that Walmart de México undertook had to work in concert with Mexico’s electricity grid and rate-making structure. Mexico’s political leadership had …
… its presence in the United States market. In the previous five years, Trina, a company with manufacturing and headquarters in Changzhou, China, had managed to grow rapidly by … market during 2007-10 had allowed Trina to quickly establish strong relationships with some of the continent’s leading developers of solar projects. Trina supplied modules … had made a point of not pursuing this type of downstream integration, vowing not to compete with their customers. Other module makers had opened manufacturing facilities in the United …
… The road to SELCO’s success, however, has not always been smooth. Hande cofounded SELCO (with Neville Williams) in 1995 to sell and service photovoltaic (PV) systems in his home … Investors put pressure on Hande to lay off employees and contract the organization. With the help of the World Bank’s commercial finance arm, the International Finance … SELCO remained a for-profit business, but Hande was able to seek new investors more aligned with its mission. In addition, Hande was able to keep his sales and service organization …
… The Upgrade to $ave Program provides Roanoke Electric Cooperative (REC) and its customers with a simple yet powerful energy-efficiency-financing product. To date, the program has … of Energy’s Office of Policy & International Affairs from 2009 to 2013. CEW approached REC with a win-win proposal describing how PAYS® could help build the local economy while … leverage a similar combination to create a stakeholder collaboration supported by USDA funding. Clean Energy Roanoke Upgrade to $ave Program … Roanoke Upgrade to $ave Program The …
… 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 … 2012; To keep the public informed about ecomagination targets, progress and results. Along with the four commitments came a massive ecomagination advertising and branding campaign … Jonathan Lash, who announced his support of the initiative at an ecomagination launch event in Washington D.C. Other environmental groups - particularly those that had fought GE …
… in Connecticut. Using transaction enablers and risk mitigants like loan loss reserve funds, interest rate buy-downs, subordinated debt, or warehousing facilities, the Green Bank … for both a raid of the organization’s balance sheet, and a dramatic reallocation in its funding streams. After several months of intense political negotiations, on October 26, … over the following two years. In 2017, nearly 90% of the Connecticut Green Bank's operating funds came from public sources. How then could the Green Bank, whose mission rested on …
… their operating costs. While these energy-efficiency upgrades are often cash-flow-positive with the right loans, they have failed to penetrate the market to the expected degree. … Financial institutions are reluctant to lend when any claim that they might 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 …
… 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 … to spread the cost over time. Second, while large-scale investors are increasingly familiar with residential energy-efficiency financing, they don’t use energy savings in their … a solution to these challenges. To guide other green-bank-like entities that are familiar with the deployment of debt financing to help stand up large-scale generation projects, this …
… the state market. This case study describes how this bank set up the Efficient Buildings Fund (EBF) and is iteratively improving it. This bank, which combines the features of a … 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 …