State Future Funds: Investing in Community Resilience Across the U.S.
Modeled on the highly successful Drinking Water State Revolving Loan Fund (DWSRF) and Clean Water State Revolving Fund (CWSRF), State Future Funds would provide low-interest or interest-free loans and loan guarantees, while leveraging philanthropic and private capital, to expand investments in critical future-ready investments.
EPA Provides $47.7M Loan to St. Louis for Water Infrastructure Upgrades
The U.S. Environmental Protection Agency (EPA) announced a $47.7 million Water Infrastructure Finance and Innovation Act (WIFIA) loan to the Metropolitan St. Louis Sewer District in Missouri to help finance its Deer Creek Sanitary Tunnel and Sanitary Relief project.
Climate Change Affecting the Muni Market
Portfolio managers are feeling the heat when it comes to investing in bonds that could potentially be affected by climate change. Climate change has long been a point of political and social contention, and investors are throwing caution to the wind when making important bond transactions, while using a green thumb to do their part.
Renewable Energy Tax Credits Important to HI Economy
The Hawaii Department of Taxation recently released its latest report on state tax credits claimed for the last year for which they have full records (2016). From 2011-2016, Hawaii's Renewable Energy Technologies Income Tax Credit was the largest single tax credit claimed, though as a decreasing percentage year to year.
Current Issues in Community Solar Projects
Three community solar developers and one aggregator of community solar customers talked at the Infocast Community Solar 2.0 conference in New Orleans in November about the how the basic business model is evolving and current issues in the market.
Public-Private Partnership Targets Storm Water Pollution
The Stormwater Authority of Chester, PA, through its partnership with Corvias announced it will use $15 million in low interest loans from the Pennsylvania Infrastructure Investment Authority (PENNVEST) to remediate existing storm water assets and install new green infrastructure devices that will remove pollution and improve the health of local waterways.
Petros PACE Closes $16.3M C-PACE Financing in Columbus, OH
The project will fund eligible upgrades to a 354-room dual branded Marriott Hotel & Residence Inn in Columbus near the Ohio State University campus. The redevelopment of the former hotel includes comprehensive building envelope upgrade, lighting improvements, and other efficiency measures to generate substantial savings.
One Hundred Cities Are Leading the Way to 100 Percent Clean Energy
Roughly 1 in 7 people — 15 percent of the U.S. population — now lives in a place that is making the transition to 100 percent renewable energy. Big cities like Atlanta and Denver and small towns like Abita Springs, Louisiana, and Hanover, New Hampshire — as well as the entire state of California — share this common purpose.
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