Energy Efficiency Financing: Professionals Convene in NYC to Discuss the Opportunities & IntricaciesPR Web Press Release, March 18, 2014
AGRION – the global business network for energy, cleantech, and sustainability – will bring together executives and officials from Citibank, the NY Green Bank, Lockheed Martin, SL Green Realty, and Booz Allen Hamilton in an interactive discussion with an audience of high-level industry professionals in the energy sector to examine how financing structures such as the OBF/OBR, PACE, ESA, and ESPC models will impact the clean energy market in 2014 and beyond. Experts will explore the ins and outs of financing energy efficiency projects, including strategies to avoid first cost hurdles and exposure to risk.
With the initial capitalization of $210 million in funding for NY Green Bank, the largest institution of its kind in the United States, the focus on stimulating renewable energy and energy efficiency projects has become a major priority for New York State. NY Green Bank will work with the private sector to boost the clean energy investments needed to build a more resilient and reliable infrastructure.
“With the recent release of our first market solicitation, NY Green Bank is engaging actively with the private sector,” said Jessica Aldridge of NY Green Bank. “We are already receiving innovative financing proposals and are excited to continue the public-private collaboration necessary to create more robust clean energy markets.”
At AGRION, our goal is to tackle the barriers that energy efficiency financing faces by assembling green building and energy efficiency industry experts in a dynamic roundtable conversation. Topics of discussion will include available incentive options, successful retrofit projects, and the pros and cons of different financing mechanisms. Registration and more details on the event can be found here: http://www.agrion.org/sessions/agrion-ny-Optimizing_Opportunity_in_Energy_Efficiency_Financing.htm.