A $200 Million Week for Energy Efficiency Financing

Big news on energy efficiency financing this week on two fronts. Joule Assets launched a $100 million private equity fund that will invest in energy efficiency and demand response markets worldwide.  Joule described the fund as a first-of-a-kind that creates channels into the previously closed $900 billion energy reductions assets markets. “In … [Read more...]

Solar and Energy Efficiency Securitization Emerge

Organizations are beginning to securitize solar and energy efficiency loans to allow greater levels of investment. Securitization involves pooling loans to create consolidated securities that investors can purchase. Recently, SolarCity securitized $54.4 million in loans for solar photovoltaic installations. Also, the Green Jobs – Green New York … [Read more...]

NYSERDA Will Issue AAA-Rated Bonds to Fund Energy Efficiency Loans

by Kat Friedrich, Clean Energy Finance Center Over $24 million in residential energy efficiency financing revenue bonds will be issued soon by New York State Energy Research and Development Authority (NYSERDA), according to a preliminary official statement released on July 23. NYSERDA treasurer Jeff Pitkin said in an e-mail that the bonds will … [Read more...]