… 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 … across 17 projects in 6 municipalities. It accomplished this by publicizing a widely-distributed RFP. All of these projects are net cash flow-positive, meaning they generate … over a year of operation, the EBF has yielded action recommendations that decision makers can use to refine and iterate the program. The EBF is an innovative structure to lower …
… 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 … Community Programs (GCPs) relative to traditional QECBs and “qualified” projects. GCPs can issue bonds for any mix of public and/or private projects. In contrast, under the …
… Electrica del Valle de México’s (EVM) wind farm, EVM’s struggling project received a significant boost. While the proposed wind farm was located in an area with abundant wind … 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 … by 12% in 2012 alone. All told, the efforts of Walmart de México had made it the world’s leading retailer in the area of sustainability – a distinction the company hoped to build …
… 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 … stand-alone transactions. But back in Connecticut, trouble was brewing. A contingent of leaders in the State House were calling for both a raid of the organization’s balance sheet, …
… laws promoting the use of alternative fuels in gasoline, beginning with ethanol from sugarcane. This meant that the national oil company PEMEX had to find ways to implement this … 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 … struggling agricultural sector. Finally, PEMEX would soon face competition due to new energy reforms that promised to introduce private sector competition to PEMEX, including at …
… 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 … for this underinvestment. Building owners and tenants do not always share reduced energy costs in a way that incentivizes owner investment. Financial institutions are … plays 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 …
… 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 … they don’t use energy savings in their underwriting criteria. So the cost per project can be too low for significant resources to be dedicated to vetting each one. Plus, the …
… Suzlon, an India-based wind energy company, had made quite a splash in its first three-and-a-half years on the international stage. By the end of 2007, the company was the market leader in Asia and had completed projects in fourteen countries across five continents. But … its IPO in 2005). Global demand for wind energy remained strong and Suzlon had added significant capacity. Indian textile manufacturer Tulsi Tanti founded Suzlon in 1995 to avoid …
… creating a comprehensive climate strategy for the State of Connecticut. As of September 2016, Garcia remained undecided about a key element of 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 … in Connecticut and supplied about 15% of the power required for the New England regional grid. The operating licenses for the two reactors were set to expire in 2035 and 2045, …
… A global leader in the insurance and asset management business, AXA had risen to the top ranks in … and reducing the company’s overall cost of operations. Under the strategy, AXA made significant acquisitions and deals in Asia, Africa and Latin America. The company became the … and reducing the company’s overall cost of operations. Under the strategy, AXA made significant acquisitions and deals in Asia, Africa and Latin America. The company became the …