Reinvestment Fund announces new clean energy fund

Blog
May 1, 2018

By development

Reinvestment Fund announces new clean energy fund, PV Magazine, April 5, 2018.

Reinvestment Fund announces new Clean Energy Fund for small and mid-sized projects, Renewable Energy Magazine, April 6, 2018.

New Philly-based fund helps U.S. landlords boost green power, water, Philly.com, April 24, 2018.

The Fund has already committed its first loan to Affordable Community Energy Services Company (ACE) to perform comprehensive energy efficiency and water conservation projects for Mercy Housing in California, the nation’s largest nonprofit owner of low-income housing. The $6 million project will benefit 6,000 affordable housing units in 90 multifamily residential buildings in California. The portfolio of energy retrofits installed and managed by Bright Power will save Mercy Housing each year an estimated 2.1 million kWhs of electricity; 32 million gallons of water and 23,000 therms of natural gas.

 

 

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