Articles With "Lending" Tag

Indiana Green Bank Uses Wind, Solar + Geothermal

I call dibs on this prediction: to the extent that banks can keep themselves from drowning financially, we’re going to see a huge proliferation of green branches over the next five years.  The guy on the video uses the word "fad", but I think we all know it’s more than that.  This branch here, First Federal Savings Bank, is located in Mishawaka, Indiana and just opened last week.  The local press gave the retail pad some pretty positive coverage, as you can tell from the images, video, and diagram.  The LEED Registered, $2.5 M branch relies on a wind turbine, solar panels, energy efficient windows, Agriboard compressed-straw panels, permeable pavers, and geothermal heating and cooling.

++A Different Green for Banks [South Bend Trib]

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Green Building Costs, HGTV Green Home, Energy Efficiency, Green Lending + Re-development (WIR)

Week in Review
  1. A new report by the World Business Council for Sustainable Development found that the costs of green building are often misunderstood, and even overestimated by as much as 300%. 
  2. HGTV announces the Green Home Giveaway – they will build a home somewhere using eco-friendly materials and give it away in 2008.
  3. Sun Microsystems completes next-generation, energy-efficient datacenters in California, the U.K, and India — they expect to save over $1.1 million in energy costs per year. 
  4. Developing special lending programs dedicated to energy efficiency projects is a good way for banks to support green endeavors. 
  5. With climate change and 80% of the world’s population living less than 30 miles from a coastline, Discovery talks about green principles in building a modern city

Crappy GHG Homes, Water-efficient Golf, Green Retail Centers + Wells Fargo's $1B in Green Lending (WIR)

Week in Review
  1. 88% of new homes are crappy, greenhouse gas spewing energy hogs – meaning they don’t meet the comparatively weak Energy Star standards. 
  2. Las Vegas golf courses are using better water-efficient landscaping to save over 1 billion gallons of water per year. 
  3. Regency Centers is teaming up with the USGBC to implement a pilot program aimed at developing green shopping centers across the country (this is badly needed). 
  4. Wells Fargo passes the $1 Billion mark in financing for LEED certified buildings with loans ranging from $10 to $225 million per project. 
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