Renewables on Tribal Land: Addressing Equity on the Path to a Clean Energy Economy
Demand for renewable energy projects has never been greater. The latest push is for renewable energy projects with positive social impacts and benefits to marginalized communities. Indeed, some of the most significant consumers and supporters of renewable and carbon-free power are now making environmental and economic justice a central focus and condition of their use of and investments in clean energy projects.
New Alliance in Houston, TX to Promote Regional Renewable Energy Industry
Houston community leaders announced the launch of the Renewable Energy Alliance Houston (REAL Houston), with the goal of filling critical gaps in promoting, connecting, and growing Houston's energy businesses and workforce to accelerate the evolving energy transition. The "Energy Transition" requires connecting, attracting, and growing the businesses, innovators, capital providers, and workforce needed in this evolution. REAL Houston brings together voices from Houston's energy community and provides current and future industry stakeholders opportunities to connect, promote innovation, and increase the visibility of Houston's renewable energy businesses.
USDA Invests $566K for Solar Energy in Hawai‘i
The United States Department of Agriculture (USDA) is investing more than $566,000 to improve local business energy efficiency while benefiting the environment in rural Hawai'i and Western Pacific. These investments will help farmers, agricultural producers, and rural-based businesses lower energy costs by improving energy efficiency and increasing renewable energy usage.
More Issuers are Investing to Reduce Climate Risks
Wildfires on the West Coast and a seemingly unending train of hurricanes threatening the coasts along the Atlantic Ocean and the Gulf of Mexico provided an unmistakable sense of urgency as sustainable finance leaders from around the world converged online last week for the first virtual Climate Week NYC.
Innovative Water Quality Improvement Program Pairs Conservation and Agriculture in Kennett Township, PA
Kennett Township will be the first municipality in Pennsylvania to enter into the Revolving Water Fund program, which will help them meet the regulatory mandates of the federal government and the Pennsylvania Department of Environmental Protection. The Revolving Water Fund is a groundbreaking conservation finance program that implements natural infrastructure on agricultural lands in order to reduce sediments in the waterways while supporting compliance objectives.
$6M C-PACE Financing for New Student Housing Project in Los Angeles, CA
A $6 million C-PACE transaction has closed for the construction of a 132-unit student housing project in Los Angeles, CA that is three blocks from the University of Southern California campus. The PACE financing makes up 15% of the capital stack and will fund multiple measures, including seismic strengthening and water conservation measures as well as associated soft costs. The project will create 2 levels of underground parking and a 6-story structure that includes an exercise room, common study and recreation areas, and a roof deck.
WIFIA: Examining Synergies with the Muni Bond Market
In theory, a WIFIA loan should always be a cheaper alternative than the market equivalent, right? In practice, things are not so straightforward. Instead of simple pro-rata substitution based on lowest rates, muni bonds and a WIFIA loan can be combined synergistically in ways that will further reduce cost and may expand structural options.
The First CDFA Charter Schools Financing Initiative Paper Is Here! Development Finance Strategies for Charter Schools
CDFA has released the first publication of the CDFA Charter Schools Financing Initiative series, funded with support from the National Alliance For Public Charter Schools. This paper demonstrates how charter schools can access development finance tools and provides real-world examples of how these tools resources have been successfully implemented across the nation.