New Zero-Down, No-Risk Energy Efficiency Investment Fund Aims To Unlock $150 Billion In Savings

See on Scoop.itGreen Energy Technologies & Development

Double your money, create more than 1 million jobs and make a big dent in US carbon and greenhouse gas emissions – that’s what could be realized if the US were to double energy productivity by 2030, according to the Alliance Commission on National…

Duane Tilden‘s insight:

Looking to spur energy-efficiency gains across the US, CalCEF and Metrus Energy on March 13 launched a new financial intermediary service that could unlock the doors to a projected $150 billion in energy-efficiency savings by providing “otherwise hard-to-get financing for small and medium-sized businesses (SMBs).”

Added CalCEF managing director Paul Frankel:  “The Efficiency Resource Fund is a trail-blazing investment vehicle that taps a massive, underserved market opportunity.  We’re enabling a whole class of projects that would otherwise not be completed, while at the same time delivering not just savings for customers but also attractive returns for impact investors and generating capacity for utilities.”

See on cleantechnica.com

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