Finance | Page 28

The role of CFOs and finance leadership in energy and sustainability decisions has been changing in recent years, as new stakeholders and solutions opportunities emerge. Listen to this webinar replay from ENGIE North America for a review of their recent market research exploring how leadership is evolving with new finance options and contracting mechanisms available to reduce risk in energy operations.

Cornell College in Mount Vernon, Iowa, will implement $5.9 million in infrastructure improvements to help reduce energy usage by 20% throughout the campus. Updates began in August, with plans to remove buildings from steam heat usage by the end of November 2019; the full project is scheduled to be completed over the next year.

Corporate commercial and industrial (C&I) energy and sustainability managers are looking for cost-effective, customized, and comprehensive energy solutions that can guarantee energy savings. In this column, William Tokash of Navigant Research discusses a new, broader set of financed distributed energy resources (DER) solution options that extend beyond energy efficiency that have emerged to define how energy as a service (EaaS) solutions will be deployed across the C&I landscape.

The continuing transformation of the energy industry has wide-ranging implications that make distributed energy resources (DERs) more valuable for both the electric grid and the large energy consumers that rely on it. This report, presented by Enel X, explores opportunities for flexible financing options to help C&I energy consumers integrate and update DERs to capture value without taking on this risk of a capital investment.

Duquesne University in Pittsburgh has entered into a 40-year energy services agreement following Duquesne’s sale of its Tri Generation facility to Clearway. With this arrangement, Duquesne becomes the second recent university in the U.S. and the first in Pennsylvania to monetize energy assets via a Tri Generation facility

Walmart suppliers who demonstrate progress in their sustainability credentials will have access to improved financing from HSBC, thanks to a partnership between the two companies.