GI Energy Signs Deal with Advanced Energy Capital to provide $25MM for Energy Efficiency and Renewable Energy Projects.
Advanced Energy Capital, LLC (“AEC”), an energy finance company led by Jack Doueck and Richard Rudy, announced today that they have signed an agreement with GI Energy (GI Endurant, LLC) to provide funding for up to $25,000,000 of CHP, GSHP and other energy efficiency projects in the commercial, healthcare, institutional and industrial building sectors.
AEC, among other things, provides origination and structuring of energy efficiency, CHP and energy storage deals for Greenbacker Capital, manager of the Greenbacker Renewable Energy Company.
“Our leading position, especially with high-quality commercial and educational counterparties, along with our flexible approach, should combine well with AEC given their footprint in the energy efficiency arena and Greenbacker Renewable Energy’s $1.5 billion raise for green energy finance” said Tom Chadwick, CEO at GIE.
Read more about it here.