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SEPTEMBER 2014

A New Efficiency Rating for Apartment Buildings Instantly Communicates Building Performance
WegoWise, a building analytics software company, has launched a new rating tool that provides a clear snapshot of a building's utility usage, enabling property owners to prioritize retrofits, better manage their portfolios and communicate building efficiency to tenants.  Full story

Manulife RE Fund Acquires LEED Platinum Office Building in Vancouver
The property, located in Burnaby BC, a Greater Vancouver suburb, was purchased for Manulife Real Estate's Manulife Canadian Property Portfolio and lifts the Fund's assets under management to approximately CAD$550 million.  Full story

Ascentium Capital Joins Noesis Energy's Efficiency Project Financing Platform
Noesis Energy, a finance company focused on commercial energy efficiency projects, announced that Ascentium Capital has joined its syndicate of efficiency lenders that use Noesis to connect with more than 100 energy-efficiency companies that collectively propose over $1 billion in projects annually.  Full story

Simon Property Group and NRG Open Charging Stations in Northern California

Electric Vehicle (EV) drivers are now able to plug in and charge their cars while they shop or grab a bite at four of Northern California's premier retail destinations.  Full story


Google Executes $145 Million Investment In SunEdison Solar Plant Launch of New Electric Vehicle Charging
SunEdison, Inc., a leading global solar technology manufacturer and provider of solar energy services, announced that Google Inc. has agreed to provide $145 million in equity financing for the Regulus solar plant. When completed, the Regulus solar project will be SunEdison's largest developed and constructed project in North America.  Full story

Akridge Delivers LEED Platinum Targeted Trophy Building in Washington, DC 

Akridge and Mitsui Fudosan America announced the grand opening of 1200 Seventeenth Street NW, a 170,000 square foot, commercial office building, two blocks from the Farragut North Red Line Metro station in the Golden Triangle Business Improvement District.  Full story

Dropcountr Introduces Meter Data Management Solution

Dropcountr, a provider of digital water conservation solutions, released its first flagship utility product CLEAR, a meter-agnostic Meter Data Management (MDM) platform that enables utilities to efficiently meet increasing state and federal water conservation goals. 
 Full story


Effects of Climate Change Are Restructuring the Building Industry in Asia-Pacific
The increasing effects of climate change on temperatures in various countries across Asia-Pacific will inevitably impact the buildings industry in the region, according to research firm Frost & Sullivan.  Full story
 

 
JULY-AUGUST 2014

Invesco Nets LEED Platinum Arlington Office Complex for $90 Million

Priced at about $650 per square foot and completed in 2012, 1776 Wilson is a 139,394-square-foot, Class A mid-rise situated minutes outside of Washington, D.C. in the Rosslyn submarket. The property consists of office and retail space and is currently 90% leased.  Full story

Renovate America Closes $50 Million Equity Investment

The residential Property Assessed Clean Energy (PACE) group has raised $50 million in growth equity from new and existing investors. Valor Equity Partners led the round, which also included Macquarie, RockPort Capital and Spring Creek.
 Full story
 
Report Ranks U.S. Electric Utility Companies’ Renewable Energy, Energy Efficiency Performance
The report, from Ceres and Clean Edge, found that many utilities are deploying lower carbon fuel sources and that state policies are a key driver in that performance, but there is variability in performance even among utilities operating in the same states.  Full story

Online Tool Promotes to Reduce Energy Costs and Power Outages for Building Owners and Managers
The site, Gridmarket.com, aims to simplify the process for a building owner or manager to implement a storage project. Energy storage, generally using batteries, allows a building to reduce its energy costs by storing energy when it is least expensive and using that stored energy to reduce grid demand at times of peak use.  Full story

Celtic Bank Announces $6.9MM PACE Bond Funding with Los Angeles County

Funds for the New Constance Hotel will be used to install energy efficient improvements, including new HVAC and controllers, LED lighting, elevator motors and controls, window treatments, water systems, and insulation.  Full story

Target Announces LEED Certification for All 2013 Store Locations

Target stores were awarded LEED certification through the U.S. Green Building Council's (USGBC) LEED Volume Program, which streamlines the certification process for buildings in both Canada and the U.S.  Full story

Green Schools Alliance Selects Smart Grid Technology Partner

The Green Schools Alliance (GSA) announced an exclusive partnership with Noveda Technologies, to bring energy and water management tools to their member schools. Under the partnership, all GSA member schools will now have access to cutting-edge energy and water monitoring systems as well as other advanced analytics tools and conservation technologies.  Full story

Geosyntec Expands Environmental Management and Sustainability Services
The services are being offered through the firm’s Green Harbor Energy division and led by Managing Director Paul MacGregor, Ph.D. The firm is a full service provider with experience in energy efficiency project development, such as combined heat and power (CHP) systems and energy conservation measures, utility quality metering systems, and energy management systems. Full story
 
 
 
JUNE 2014

North Sky CleanTech Alliance Fund and New World Environmental Infrastructure Invest in Nautilus Solar Energy's Canadian Solar Project

Nautilus develops, constructs, finances, owns and operates distributed generation and utility-scale solar electric systems throughout the United States and Canada, focusing primarily on the mid-Atlantic, northeast and western regions of the U.S. and Ontario, Canada.  Full story

Study Points to Significant Growth Since 2005 in Green Building Space in U.S.
A joint study by CBRE and Maastricht University says Minneapolis is the U.S. city with the highest percentage of green commercial space, and green commercial real estate nationwide has increased significantly since 2005.  Full story

Canadian Green Building Market Growing Steadily with Owners Seeing Strong Benefits from Building Green
The Canadian green building market is poised to see strong growth over the next three years, with surveyed Canadian firms expecting to grow their green practices from one third in 2014, to one half by 2017. Full story

Simon Property Group and NRG eVgo Opening Electric Vehicle Charging Stations Throughout Orange County
Electric Vehicle (EV) drivers can now plug in and charge their cars while they shop or grab a bite at four of Orange County's premier retail destinations.  Full story

Construction Market in Asia-Pacific Cities Set to Thrive as Buildings Go Green and Smart

Urbanization and the need for sustainable buildings will drive growth in the Asia-Pacific building construction market despite the soaring property prices, according to a new analysis from Frost & Sullivan. Full story

Lodging Group Providing Hotels with Resources to Help address California's Water Crisis

InterContinental Hotels Group (IHG), a leading hotel company, announced that its patented Green program, the online sustainability program used by more than 2,700 IHG-branded hotels worldwide, is helping hotels address the drought conditions in California. Full story

Efficiency Grid Adds to R&D Team
Efficiency Grid announced the recent addition of Wolfgang Lukaschek, MSc. and Dr. Ekawahyu Susilo -- reinforcing its scientific and technology oriented approach to hotel building energy control. Full story

ReGreen Successfully Completes Massive Campus-Wide Lighting & Energy Upgrade at Santa Monica College
This project will save the college over $250,000 annually in utility expenses, reduce lighting-related energy consumption by 40%, and increase safety across the campus. Full story


 
APRIL 2014

L.A. County Votes To Enable Residential Property Assessed Clean Energy

Los Angeles County cities that recently adopted resolutions to make the financing of energy and water efficiency retrofits available to their residents will launch their programs this month. Full story

Bollore Group Launches Largest Electric Car Sharing Service in the United States

The French Bollore Group, following on its successes in numerous French cities, will invest approximately $35 million in Indianapolis to build largest electric car sharing service in the United States. Full story

LG Electronics Selected For DOE’s New Technology Performance Exchange Program for Buildings

LG Electronics is partnering with the U.S. Department of Energy (DOE) on a new program designed to accelerate adoption of cutting-edge energy-saving technologies for commercial buildings such as office building, schools, hotels and hospitals. Full story

Hannon Armstrong Sustainable Infrastructure (HASI) Acquires $107M of Land and Leases for Solar and Wind Projects
HASI also entered into an expansion of its existing credit facility, which provides for an additional $200 million of capacity and increased flexibility in terms. Full story

E.ON and Iberdrola Join Existing Investors with $12 Million Investment in QBotix Inc
.
QBotix, which delivers up to 20% improvements in solar PV project economics with the optimized Robotic Tracking Systems (RTS) has closed on a $12 million round of Series B financing. Full story

Florida PACE Agency Announces Available Funding

Florida PACE Funding Agency, through its EVest Program, announced that $200 million in financing is now available to property owners in subscribing local government jurisdictions for qualifying energy efficiency, renewable generation and wind resistance home or commercial business improvements or repairs.  Full story

Google Glass App from SemaConnect Directs Electric Vehicle Drivers to Nearest Charging Stations

The new app allows EV drivers to locate the closest charging stations within a 20-mile radius, enable turn-by-turn navigation to station locations, and initiate a charging session; all in a handsfree experience through a digital user interface designed specifically for Google Glass.  Full story

Kaiser Commits to Increasing Onsite Solar Power Generation
Kaiser Permanente will increase its onsite solar generation capacity by as much as 50 megawatts, with additional installations planned for its medical campuses and other locations. The announcement came soon after the White House released its National Climate Assessment report on the effects of climate change in the United States. Full story

 
 
MARCH 2014

Recurrent Building Intelligence Teams with Noesis Energy to Offer Energy Efficiency Project Financing

Among the new offerings are PACE (Property Assessed Clean Energy), capital leases, municipal leases, and ESA (Energy Service Agreements). Full story

Mercatus Aims to Accelerate Solar Securitization
The company has formally adopted the Solar Access to Public Capital (SAPC) Working Group standard contract documents for both residential and commercial solar.  Full story

PACE Texas Requests Feedback from Stakeholders Nationwide

The PACE financing program, which was signed into law last June, allows commercial, industrial, and multifamily property owners to obtain low-cost, long-term private sector financing for water conservation and energy-efficiency improvements to their properties. Full story

Green Charge Networks Helps California City Achieve Sustainability Goals
The provider of energy storage solutions signed a Power Efficiency Agreement with Redwood City to install its GreenStation at two facilities. The 30 KW systems are expected to offset demand charges, making Redwood City the first Bay Area city to install behind-the-meter energy storage. Full story

WegoWise's Business Grows 77 Percent

WegoWise automatically tracks and benchmarks utility use across building portfolios to identify the worst performers ripe for upgrades. The company's growing measurement and verification (M&V) services builds on that platform to compare projected utility use against actual use, helping to identify unforeseen outcomes and ensure retrofits deliver expected savings. Full story

Simon Property Group and NRG eVgo Launch Three New Electric Car Fast Charging Stations

The three stations are part of NRG eVgo plan to build a network of more than 40 Freedom Station charging sites as well as the infrastructure to support Level 2 charging at multifamily residences and workplaces throughout the greater Washington, D.C., metropolitan area. Full story

The Green Grid Shares Insights From Study Of Utility Incentives
Two recommendations: utilities should take the lead in educating the marketplace by offering informational programs and training about available efficiency programs and services, and incentive application processes should be simplified and utility companies should develop and roll out simplified calculation tools to help their customers. Full story

U.S. Homeowners to Benefit from Groundbreaking Home Energy Loan Financing Platform

The Warehouse for Energy Efficiency Loans (Wheel) opens the residential energy efficiency finance market to large institutional investors – bringing low-cost capital to loans for home energy efficiency improvements. Full story
 
 
FEBRUARY 2014

Altus Power America Launches Clean Energy Land Program with Macquarie

Altus Power America Management, an investor and manager of solar power projects and assets, has launched a Clean Energy Land Program with Macquarie Group (Macquarie) to finance up to $100 million in solar and wind land energy projects in the US.  Full story

Largest PACE Program in US to Benefit Homeowners Across California
Operated under the auspices of the California Statewide Communities Development Authority (CSCDA), the California FIRST residential PACE program will launch this summer in 17 California counties and 167 cities, and makes energy and water efficiency projects more affordable and accessible for millions of California homeowners. Full story

Installed Base of Smart Water Meters Will Surpass 153 Million Units by 2022

Smart water meters are a key component of smart water networks, but other monitoring and control technologies are becoming increasingly important, as well, for leak detection, pressure management, and water quality monitoring.  Full story

Panasonic and Coronal Launch Energy Platform for US Municipalities

Panasonic Eco Solutions North America and its strategic partner Coronal Group have teamed up with Global Investment Renewable (GIR) to create Coronal Municipal Energy Services (CMES).  Full story

SAP Greens Its Cloud, Will Power Data Centers and Facilities with 100 Percent Renewable Electricity in 2014
The shift will help minimize the company's carbon footprint as it moves to a cloud business model, and will help eliminate carbon emissions caused by its customers' systems by moving them into a green cloud. Full story

GRESB Adds Catholic Super and Global Logistic Properties as New Members

Catholic Super, an Australian superannuation fund currently managing assets of $A5.8 billion, and Global Logistic Properties a leading provider of modern logistics facilities in China, Japan and Brazil with a property portfolio of  US$16.9 billion expect to integrate ESG considerations into all aspects of their operations.  Full story

Smart City Technology Investment in Asia Pacific to Total $63 Billion from 2014 through 2023
Working with an evolving mix of international and regional smart city technology firms, governments in the region are piloting a variety of technologies to solve urban problems, reduce urban energy and resource use, and prepare for future growth.  Full story

Pace of Construction on NRG eVgo’s California Electric Vehicle Infrastructure Increases
NRG eVgo, a subsidiary of NRG Energy, Inc. announced that it has partnerships and agreements in place to have more than 200 fast-charging Freedom Station charging sites built throughout California. Currently, NRG has a total of 46 electric vehicle (EV) charging sites operational, under construction or currently being permitted in San Diego, Los Angeles and San Francisco with 15 operational across the state of California. Full story

 
 
 
Green Charge Networks, a leader in intelligent energy storage, has signed agreements for 1 MW of energy storage with retail chain customers and city municipalities that are seeking to reduce their electricity bills through smart grid technologies. Full story
Zocalo Community Development Sells LEED-Gold Cadence Union
Zocalo Community Development and Principal Real Estate Investors have agreed to sell the 219- unit Cadence Union Station apartments to an institutional client of Invesco Real Estate. Full story

Mandyck Named Board Chairman of NYC Urban Green Council; Bloomberg Appointed as Special UN Envoy for Cities and Climate Change
Mandyck's appointment is an extension of his current work with organizations and universities around the world to accelerate green building, including chairing the corporate advisory board of the World Green Building Council. As UN envoy, Bloomberg will assist the Secretary-general in his efforts to mobilize action among cities as part of a strategy to combat climate change.  Full story

GBI Launches Compliance Program for New Construction of Federal Buildings
The program was developed to significantly reduce the amount of time and effort required from federal agency personnel to achieve a green building certification, enabling staff to retain focus on the agency's mission while concurrently measuring progress towards compliance with the Guiding Principles.  Full story

Energy Efficiency Standardization Roadmap Draft Open for Public Comment

American National Standards Institute Energy Efficiency Standardization Coordination
Collaborative (EESCC) has released for public comment period the EESCC Standardization Roadmap VI.0 draft, which outlines 116 action-oriented recommendations to advance energy efficiency in the built environment through standards and conformance activities
. Full story
 
e-Chromic Technologies Completes First Close of Seed Round
The $600K funding by Amplifier Ventures, a seed-stage venture firm, will help e-Chromic Technologies develop an innovative reflective electrochromic thin film that enables users to control light and solar heat transmission through windows. Full story

Increasing Popularity of Data Analytics Strengthens Case for Global Smart Water Metering, Says New Research
The market for smart water metering is expected to witness solid expansion due to development in North American and European markets – both regions where water utilities are increasingly aligned with the potential uses of data and analytics.
Full story

Global Survey Finds Environmental Management Budgets Will Power Ahead In 2014
More than 62% of corporations worldwide will increase spending on environmental management initiatives in 2014 and 31% will increase spend in the double-digits according to a new report from independent analyst firm Verdantix. Full story
 
 
 
DECEMBER 2013

Developer Plans to Transform Site into Transit Oriented, Mixed Use Center

SunCal, one of the leading privately held land developers in the U.S., has closed the acquisition of the 30-acre former State Farm Insurance property in Rohnert Park, Calif., for an undisclosed sum. A transit-oriented development is planned on the site, which encompasses an entire city block. Full story

View Raises $100 Million Financing from Madrone Capital Partners

The investment will enable the company, a leader in electrochromic glass solutions for buildings, to accelerate its growth, expand market presence, and continue to serve its broadening customer base. 
Full story

The Westly Group and Craton Equity Partners Back GreenWave Realty

GreenWave will use the $19 million in Series B funding to accelerate the rollout of its innovative Home2Cloud platform through its global partners and scale up the company’s operations.
Full story

Mack-Cali/Ironstate Break Ground On Green Tower On Jersey City Waterfront
Mack-Cali Realty Corporation, and its joint venture partner, Ironstate Development Company have broken ground on URL Harborside. URL, which stands for Urban Ready Living, is a direct response to the needs and desires of those looking to live in apartments that use less energy, provide more innovative spaces, and offer public areas that foster community. 
Full story

Green Bond Principles to Help Issuers and Investors Deploy Capital for Green Projects

A consortium of investment banks, including Bank of America, Citi, JPMorgan, Deutsche Bank and others, have announced their support of the Green Bond Principles. These Principles were developed with guidance from issuers, investors and environmental groups and serve as voluntary guidelines on recommended process for the development and issuance of Green Bonds. 
Full story

Balfour Beatty Communities Signs On To Better Buildings Challenge

Balfour Beatty Communities has committed to reducing energy consumption across its portfolio of military, student and multifamily housing—44,000 homes across 26 states—by 20% over a period of 7 years. 
Full story

USAA Real Estate Acquires LEED Gold- Certified Office Campus and Adjacent Development Site in Silicon Valley

USAA Real Estate Company has announced the acquisition of America Center, a Class A office campus in San Jose, California, as well as an adjacent development site. When fully developed, America Center will consist of four buildings totaling over 850,000 square feet. 
Full story

Starwood Capital Group Closes Second Starwood Energy Fund

The blind-pool fund, with total capital commitments of $983 million, will invest in wind, solar and other power generation and high-voltage transmission assets primarily in North America. 
Full story
 
 
NOVEMBER 2013

Obama Expands Programs to Boost U.S. Energy

U.S. Departments of Energy and Housing and Urban Development have expanded the Better Buildings Challenge to multifamily housing such as apartments and condominiums, and launched the Better Buildings Accelerators to support state- and local government-led efforts to cut energy waste and eliminate market and technical barriers to greater building efficiency. Full story

Sensor Technologies Becoming an Integral Part of Buildings

A report says the construction of green buildings has become easier with the arrival of smart sensors and actuators, as information on local environment and occupancy enables building automation systems to utilize energy in an efficient manner. Full story

Smartcool Completes Software Licensing Agreement
Smartcool Systems Inc., a provider of energy efficiency retrofit solutions of HVAC systems, has launched a new strategic initiative to market the intellectual property contained in its energy efficiency products. Full story

Canyon Capital Realty Advisors Partners with Citi on Multifamily Impact Fund
The new $800 million fund, launched in May, will adhere to CCRA’s triple bottom-line approach to investing that includes achieving sound financial returns, advancing community development and embracing environmental responsibility. The fund recently completed its first acquisition, a 366-unit apartment complex, in Palmdale, CA.  Full story

Stem Closes $15 Million Series B

The company’s proprietary data analytics and intelligent energy storage system enables businesses to reduce their electricity expenses without changing day-to-day operations. The funding round will enable expansion to new commercial and industrial sectors and geographies primed to benefit from the cost savings associated with advanced energy storage systems. Full story

KBS Acquires LEED Gold Office Property in Chicago

The $425 million purchase of 500 West Madison known as Citigroup Center, a 1.5 million square foot mixed-use iconic tower, is the REITs largest transaction to date. Full story

Skanska Invests EUR 31 Million in Green Office Project in Czech Rebuplic

The office will feature a number of sustainable solutions to minimize the building’s environmental footprint and significantly reduce its operating costs. Among other things it will have a high-performance façade with a high level of daylight provision, and as with other Skanska projects a strong emphasis on the environmental quality inside the building. The project will apply for LEED certification at level Gold. Full story

Site Near New Haven Coliseum Slated for Green Redevelopment

The $362 million project, the largest in the city’s history, is envisioned as a transit oriented, mixed-use, mixed-income, smart growth development that, once completed, will include 75,000 square feet of retail, up to 1,002 residential units, a 200,000 square foot class “A” office building, and a 160-190 room 4.5 star branded hotel and multifunctional center all designed around a vibrant public square and community gathering place. Full story
 
 
 
OCTOBER 2013

BuildForward Capital to Finance Small- Scale Energy Efficient Construction Projects in New York
BuildForward has created a unique, crowdfunded lending platform for the $5M and under retrofit market that allows individuals and institutions to lend directly to borrowers who seek to make radical improvement to the energy footprint of their buildings. Full story

Project Frog Raises $20M in Series D Round

The funding from CCM US and McNally Capital will be used to support rapid growth of the company, which so far this year has delivered more than seven times the square footage of buildings than in 2012. Full story

Energy Professionals Blame Nixed Energy-Efficiency Proposals on Lack of Funding

A survey by Noesis Energy indicates that limited access to financial resources and partners who can help ensure performance pose significant barriers to completing energy efficiency projects.  Full story

ChargePoint and Key Equipment Finance Launch $100M Financing Program to Spur Mass EV Adoption
The lease-to-own program for EV charging stations will give small and medium sized companies and municipalities the opportunity to install EV chargers at no upfront cost. Full story

New PACE program in Florida

The Broward County Commission unanimously voted to move forward with an innovative "open market" approach to financing for residential and commercial energy retrofits for its more than 1.8 million county residents. Full story

Washington Metro Signs Green Lighting Agreement
The Transit Authority will upgrade the lighting in 25 parking city garages. Over 13,000 lighting fixtures will be converted to an innovative, custom-designed LED lighting solution that will reduce energy usage by 68 percent or 15 million kWatt hours per year and provide real time data on energy consumption. Full story

Report Says Five Trends Making Smart Building Technology a No-Brainer for Real Estate

The report, from Jones Lang LaSalle, identifies rapid ROI, operating expense advantage, marketing mileage, energy savings and improved corporate social responsibility as the key reasons to explore smart building technologies. Full story
 
eMeter Expanded Cloud Offering May Help Commercial and Corporate Real Estate Owners
The new offering can be accessed from the cloud directly via Siemens or through strategic partners as a managed service with subscription-based pricing on a per meter, per month basis, allowing end users such as commercial and corporate real estate owners to benefit from increased capital efficiency. Full story
 
 
 
SEPTEMBER 2013

Sustainable Insight Capital Management and The Carbon Disclosure Project (CDP) Issue Joint Study on ESG and Investments
The report analyzed the relationship between corporate engagement and action on climate change and financial performance of the world's largest corporations. Full story
 
Hannon Armstrong, JCI to fund $27 Million in Energy Improvements to Louisville City Buildings
Louisville Metro Government will make payments on the project through a performance contract, in which energy savings from the building improvements are guaranteed to pay for the work over 23 years. Full story

Enmetric Systems Closes $1.5 in Financing Round; Selects Advisory Board
Navitas Capital led the round with participation from new investors including Azure International, Lakewest, Inc. (Belgravia Group, Ltd.), and several prominent angel investors. The Board – which includes Edward “Skip” Stritter, the chief architect of the Motorola 68000 microprocessor (used in the original Apple Macintosh Computer) – will help guide Enmetric’s operations and prepare the company for future growth. Full story

GreenWave Realty Closes $19M Series B Round

The firm will use the funding to accelerate the rollout of its innovative Home2Cloud platform through its global partners and scale up the company’s operations. Full story

Simon Property Wins Spot on Carbon Disclosure Leadership Index, Again
This is the third time Simon Property Group has been awarded the CDLI distinction due to its top score on disclosure of green house gas emissions and energy use, and SPG is the only real estate company included in 2013. The Global Real Estate Sustainability Benchmark (GRESB) also recognized SPG as the leading retail estate company in North America for its sustainability practices.  Full story

Study Examines a Decade of California Cleantech Investment

A new analysis of the last decade of investment in California's world-leading clean technology sector shows that although venture capitalists (VCs) remain key players, different types of investors, including corporate strategic investors are becoming more important to the growth of the sector, later stage investment is showing gains, and new financing mechanisms are influencing the sector. Full story

LG Electronics Unveils New HVAC Solution For High Rises
Designed to maximize floor space, the LG Multi V Water Mini is a compact unit that can be placed inside a closet, eliminating the need for rooftop or other outdoor installations. Full story

Digital Federal Credit Union to Offer Up to $100 Million in Loans for Solar Applications
SunPower Corp. and Digital Federal Credit Union (DCU) have established an agreement that may provide up to $100 million in loans for SunPower residential solar projects in the U.S. Full story

 
 
JULY-AUGUST 2013

The U.S. Department of Energy (DOE) has published final rule 10 CFR 433: Energy Efficiency Design Standards for New Federal Commercial and Multi-Family High-Rise Residential Buildings. Full story
 
Honeywell Makes New York Apartment Complex Smart and Efficient
Honeywell has completed a $2-million smart building retrofit for Spring Creek Towers in
Brooklyn, N.Y. The project will help facility personnel more effectively manage energy use, and increase safety and security across the development’s 46 apartment towers and multiple parking garages, retail centers and other amenities. Full story

Green Lease Primer Fosters Sustainability Dialogue with Retailers

The Retail Industry Leaders Association (RILA) and the Institute for Market Transformation (IMT) have published the Retail Green Lease Primer, a first-of- its-kind document that helps retailers and retail owners improve the efficiency of their retail facilities. Full story
 
IO Raises $260 Million in Financing, Expands Bank Group
IO, the global leader in software-defined data centers, closed a new $260,000,000 multiyear credit facility led by Wells Fargo. IO’s existing bank group, consisting of Wells Fargo and Mutual Bank of Omaha, has been expanded to include Bank of America, Bank of Montreal, JPMorgan Chase Bank, Royal Bank of Canada, National Bank of Arizona, Goldman Sachs Lending Partners and Morgan Stanley Bank.  Full story

EnviroFinance Group LLC Promotes Bertron, Hires Niebanck

EnviroFinance Group, LLC (EFG) has promoted Cameron Bertron to Senior Vice President – Development Services. Bertron manages the real estate and financing components of brownfield and infill projects for EFG, with a specific focus on public finance issues. The firm has also hired Markus Niebanck as Vice President – Environmental Management. Full story

CBRE Group, Inc. Selects Five Winners of its Real Green Research Challenge

Launched in September 2012, the RGRC is CBRE’s $1million commitment to fund leading-edge sustainability research and innovation in commercial real estate.  Full story

AT&T and Environmental Defense Fund Find 28 Billion Gallons in Water Savings Potential in U.S. Commercial Buildings
The groups unveiled a suite of tools that US commercial building owners and managers can use build their own water efficiency programs and includes both technical and management tools to design, implement and document water savings. Full story

Life Cycle Costing is Critical in the Intelligent Buildings Industry
A new study shows that optimizing intelligent building investments by managing end-user experiences, energy efficiencies, monitoring and maintenance of assets, and life cycle costing proves of paramount importance, and that cost evaluations are not the industry norm; instead, purchases are most often based on the lowest costs and relationships with past vendors.  Full Story
 
 
 
JUNE 2013

AFL-CIO Housing Investment Trust Is Invested in Green Retrofits, LEED Construction
The recent investment of $115 million for energy-saving rehabilitation work at Boston's Georgetowne Homes I and II put the HIT's Green Jobs Initiative over the $1.1 billion mark.  Full story

AgilQuest Plugs into Smart Buildings

AgilQuest Corporation has a new version of OnBoard, their workplace management technology, which connects office space management efficiencies to the energy savings of intelligent buildings.  Full story

CommScope Acquires Redwood Systems

The acquisition is intended to strengthen CommScope’s position in intelligent building infrastructure solutions. The terms of the acquisition were not disclosed.  Full story 

Corning and View Announce Strategic Collaboration to Advance Dynamic Glass Technology

This new infusion of funding and collaboration with Corning will help the company further scale its operations to meet accelerating demand, as well as continue to develop and advance dynamic glass technology.  Full story 

Fuel Cell Technology Market Worth $2.5 Billion by 2018

The Asian region is the largest end user market for stationary fuel. The revenue trend estimates Asia dominating followed by North America and Europe.  Full story 

Construction Specialties and Earth911, Inc. Launch First Building Products Recycling Locator
The locator provides users with the information and resources necessary to conveniently recycle and properly dispose of materials.  Full story 

S&P 500 Companies Lag Behind on Environmental and Social Transparency
Fewer than 20 percent of S&P 500 companies disclose their performance across a broad range of environmental and social practices.  Full story 

AT&T Saves $151 Million Through Cutting-Edge Energy Efficiency Efforts Over Three Year
s
The savings comes from investments of $43.6 million toward a planned $250 million commitment over five years toward energy efficiency.  Full story
 
 
MAY 2013

Skyline Innovations Receives $2M Investment from CCM US and DC Community Ventures
The mezzanine financing will help the firm, a leader in the financing and installation of solar water heating systems, with its continued expansion.  Full story

ECC Renewables Awarded First-of-Its-Kind $7 Billion US Army Geothermal Energy Contract

Under the 10-year contract, ECC will compete for projects to develop, construct, finance, own, and operate geothermal energy projects on Department of Defense installations located throughout the US under long-term (20+ year) power purchase agreements using private sector financing. Full story

Solar Power And Luxury Draw Tenants To Solterra Ecoluxury Apartments

Developed by H.G. Fenton Company, Solterra is the first apartment community to give San Diegans the opportunity to live in a community where all the electricity they need for daily living is generated by the sun.  Full story

GE and Trilliant Deliver Smart Grid Solutions as a Service for Public Power Utilities
Trilliant, a global Smart Grid communications company, has announced ahead of the 2013 APPA National Conference & Public Power Expo that its Smart Grid Communications Platform has been chosen by GE to be a part of GE's Grid IQ Solutions as a Service (SaaS) offerings for the public power industry.  Full story

Circular Energy Secures $2.7m In Series A Funding

The investment in solar design and installation company was provided by Dallas-based Cypress Capital and a handful of other private investors, and will be used to drive geographical expansion, capital investment into back-office workflow automation and further development of the company's proprietary software solution, CURB, Inc.  Full story

Survey of Sustainability Experts Examines the Benefits of the GRI Sustainability Reporting Framework
Sustainability reporting is evolving into a core business practice for companies around the world because it provides a competitive advantage, and there is strong evidence that transparency offers a number of financial and social advantages that make it more than worth its costs.  Full story

First Highland, FireFlower Alternative to Develop Boston’s Largest Solar Rooftop
The project is located in the Boston/Dedham Commerce Park at 65 Sprague Street. The solar array covers 120,000 square feet of rooftop and has a 974-kilowatt capacity. Full story
 
HERO Financing Program Approved in San Bernardino County

The San Bernardino Association of Governments (SANBAG) Board of Directors voted in May to make the HERO Financing Program available to residents and businesses of San Bernardino County. Full story
 
APRIL 2013

WegoWise Secures $3M in Funding from Boston Community Capital

The investment will power the expansion of the company’s innovative utility data intelligence platform to the commercial real estate market, providing utility tracking and benchmarking solutions to commercial buildings. Full story

Two Cities in San Diego County Join Residential PACE Trend: San Marcos and Vista Pass Resolution to Adopt HERO Financing Program
The HERO Program enables property owners to finance improvements through their property taxes, allowing them to pay for permanently affixed renewable energy, energy-efficient, and water-efficient systems over time.  Full story

Verizon to Invest $100M in Green Energy Project
The solar and fuel cell energy project will help power 19 of its facilities with 70 million KW of green energy in seven states across the U.S.  Full story

U.S. Ranks First In KPMG Green Tax Index

The United States ranked first among 21 countries most actively using the tax code to influence sustainable corporate activity, reflecting the country's extensive and long-established program of federal tax incentives for energy generally, including specific incentives for energy efficiency, renewable energy and green buildings.  Full story

IFC Invests $25 million in Brazil Hospitality Group to Support Expansion, Green Design

IFC, a member of the World Bank Group, has become an anchor investor in BHG S.A.- Brazil Hospitality Group, with a $25 million equity investment during the company's recent successful public offering of approximately $200 million. The hospitality group will adopt sustainable green building design and construction practices in its new hotels that could help cut save energy use by 20 percent and water use by 40 percentFull story

InsideIQ Building Automation Alliance Firm Completes $23 Million Performance Contract for Pennsylvania School District

Improved facility efficiency, occupant comfort, financial management and environmental protection are among the long-term expected benefits of the project.  Full story

Electrical Vehicle Charging Infrastructure Poised for Rapid Expansion in Asia-Pacific, According to Study
Japan, South Korea and Taiwan are conducting research on faster charging systems at lower costs, and will commercialize the resulting products after 2015. 
Full story
 
WegoWise Partners with Los Angeles Better Buildings Challenge
The partnership will reduce building energy use across 30 million square feet of Los Angeles buildings. LABBC is one of the largest BBC programs in the nation and the first to offer the WegoWise platform to all participants free of charge, enabling building owners and managers to easily track utility data and accelerate progress towards the program goal of reducing energy use 20% by 2020.  Full story
 
 
MARCH 2013

Deal Provides $6M for Energy Efficiency Upgrades
The Maryland Clean Energy Center (MCEC) has closed on the first of its Maryland Clean Energy Capital (MCAP) transactions benefitting Coppin State University to finance six (6) energy efficiency upgrades on campus. 
Full story

Philips Creates the World's Most Energy-efficient Warm White LED Lamp
Researchers developed a tube-lighting (TL) replacement TLED prototype that produces a record 200 lumens per watt of high-quality white light (compared with 100lm/W for fluorescent lighting and just 15lm/W for traditional light bulbs. The prototype is twice as efficient as predecessor lamps, basically halving the energy used.  Full story

Regen Energy Inc. Establishes Strategic Agreement with Carrier
The HVAC maker will offer REGEN Energy’s patented Swarm Energy Management solutions to customers through its distribution network. 
Full story
 
John Mandyck, the company’s chief sustainability officer will help expand the organization's commitment to the green building movement around the globe.  Full story

Ecotality and Kroger Expand EV Partnership
The multimillion expansion includes over 200 level 2 (quick charge) charging stations, and 25 DC Fast Chargers, to be installed across key markets, bringing the grocer’s installed based to almost 300 charging stations. 
Full story

InsideIQ Building Automation Alliance Introduces Energy Dashboard
The dashboard is scalable to support any size building, but it is especially useful for small to midsize property managers who would normally not be able to afford this type of tool to collect information about their facility. 
Full story

Solar Wind Energy Tower, Inc. and Providence Energy Corporation Develop First Downdraft Energy Tower
The tower will provide clean renewable energy at a cost more favorable than nuclear plants with no negative impacts to the planet. 
Full story

The Smart City: Paris and San Francisco Select Inria and CITRIS to Conduct Research
The research program aims to foster both environmental and social sustainability by bringing together Inria and CITRIS researchers to study relevant enablers that span: sensing, measurement, integration and analysis, citizen engagement and communication within cities. 
Full story

PG&E Ranked Among Top Utilities For Sustainability Efforts
The utility has been named one of the nation's three most sustainable large utilities by Target Rock Advisors, and has also been included in Target Rock's 2013 Sustainable Utility Leaders Index (SULI).
Full story
 
 
 
FEBRUARY 2013
 
Digital Lumens Closes $10M Investment Round to Support Continued Expansion    On the heals of a 150% growth in its customer based in 2012, Digital Lumens has raised an additional $10 million from investors Black Coral Capital, Flybridge Capital Partners, and Stata Venture Partners to support the company’s expansion in LED lighting. Full story
The DOE announced16 new Partner employers – including Bloomberg, the Coca-Cola Company, Dell and Facebook, to its Workplace Charging Challenge, which aims to expand the availability of workplace charging for American workers – increasing the convenience of plug-in electric vehicles (PEVs) and providing drivers with more options.  Full story
 
The report highlights that there are a large number of compelling benefits from green buildings received by different stakeholders throughout the life cycle of a building.  Full story

First Green Property Indexes Due to Go Live at End of March  
                              
The indexes, currently in the final stages of implementation before customer use, will give investors a structured and disciplined way to measure and model the risk and reward profile of green property, using the first codified, transparent definition of listed green property.  Full story

Wells Fargo Invests in Leading Water Innovation Accelerator                        
Imagine H2O, a nonprofit supporting entrepreneurship and innovation in the water sector, is receiving a three-year philanthropic investment from Wells Fargo to expand its program offerings, including its annual business plan competition for water innovation and the Imagine H2O Accelerator Program, which helps participating entrepreneurs turn their plans into real-world solutions.  Full story

Car Charging Acquires Beam Charging                                                                  
The combined entities operate the majority of all EV charging points throughout New York City, and have existing agreements with Central Parking, Icon Parking, and Simon Properties.  Full story
In addition to the lift supplied by general construction activity, continuing consumer interest in environmentally friendly products will increase the market share of most green building materials relative to non-green alternatives.  Full story
The project, which was paid for by the property ownership, was undertaken to reduce the firm’s reliance on nonrenewable sources of energy and to reduce the overall cost of electric power at the property.  Full story

Energy Improvement Corporation Issues RFP for Credit Services 
   
                    
The Energy Improvement Corporation (EIC) has issued a Request for Proposals (RFP) seeking to establish low-cost lines of credit ranging from $1 to $10 million to help property owners save money and use clean energy.  Full story
 
        
 
JANUARY 2013

The funding, from Aster Capital, the Venture Capital unit of Siemens Financial Services, and Paladin Capital, will be used to accelerate growth and execute energy efficiency projects for a growing pipeline of commercial buildings in North America and Australasia.  Full story

Nissan Partners With NRG Energy To Build First Fast-Charge Network In Washington D.C. Area
Nissan's strategy is focused on a three-prong approach to increase the number of available fast chargers though its dealer network, workplace campus charging and opportunities within local neighborhoods that help interconnect communities where drivers spend the bulk of their time and do the majority of their driving.

The Green Grid Explores Energy Efficiency Gains And Economic Benefits For Data Centers                                           
The white paper offers an extensive look into how Eco Mode can improve data center efficiency and overall Power Usage Effectiveness (PUE) when appropriately deployed, and makes recommendations regarding other power distribution equipment to ensure a reliable power system. Full story

Pennvest to provide $7 Million in Low Interest Loan Funding for Lancaster Green Infrastructure
The funding comes from a combination of state funds approved by voters, federal grants to Pennvest from the Environmental Protection Agency and recycled loan repayments from previous Pennvest funding awards. Full story
 
Tamra-Tacoma Capital Partners Launches $500 Million Alterantive Invesment Firm  Led by a team that includes former Bain consultant Yoav Bergman, renewable energy fund manger Matthew Brown, real estate professional and former investment bank Patrick Donovan, the firm’s mandate is to deliver value investments in renewable energy and commercial real estate as well as filmed entertainment and digital media. Full story
Jaxon Love will be responsible for running Shorenstein’s comprehensive in-house sustainability program, which includes the company’s corporate operations as well as all properties under management.  Full story

Beazley Launches Environmental Cleanup Costs Insurance for Brownfield Projects
The product, written through Beazley's syndicates at Lloyd's, is available nationwide and protects contractors and their clients against additional expenses and cleanup costs incurred during remediation projects where the remediation budget is $3 to $10 million.  Full story

Green Teams Help U.S. Postal Service Save $52 Million
The U.S. Postal Service saved more than $52 million in 2012 by reducing energy, water, consumables, petroleum fuel use and solid waste to landfills, and generated nearly $24 million in revenue by recyclingFull story
 
ADA with Help from EPA Launches New Energy Ally Program to Help Car Dealerships Reduced Energy                                         
The National Automobile Dealers Association and the Environmental Protection Agency are encouraging dealerships to complete a brief survey that will give the agency a benchmark to better compare the energy usage of dealerships across the country and allow certification of those dealerships that perform well. Full story

 
 
DECEMBER 2012

Property Group Partners Acquires Fee Interest for Development of $1.3B Project in Washington DC
The 2.2 million square-foot mixed-used LEED Platinum development known as Capitol Crossing is cleared to begin with the development of the first office building to start this year. Full story

DIRRT Secures $20M Investment from Kayne Anderson, and a Banking Partnership with Comerica

The investment will be used for growth capital as the interior wall construction company pursues opportunities in North America and internationally and in vertical markets such as healthcare. Full story

IFC Launches Sustainable Banking Network for Regulators to Share Green-Credit Expertise 
                                         
IFC, a member of the World Bank Group, has launched the Sustainable Banking Network to help bank regulators in emerging markets develop green-credit policies and environmental and social risk- management guidelines by sharing knowledge and technical resources. Full story

Park Hyatt Chicago has completed a new installatoion of TeIknet’s Energy Management Technology

The technology is a programmable, controllable thermostat with over 125 configurable settings used to control the efficiency of a property’s heating, ventilating and air conditioning systems. Full story
The EESCC will hold its inaugural plenary on January 22-23rd in Arlington, VA to move the process forward. Full story
 
LG has pledged to participate in a broad array of EPA environmental stewardship programs with technical assistance and support from the EPA. Full story
 
 
The Ratkovich Company Bolsters Commitment to Sustainability at Two Notable  Los Angeles Properties
The Los Angeles-based developer achieved LEED certification for The Alhambra, a 45-acre mixed-use property in the City of Alhambra outside Los Angeles, and 5900 Wilshire – both well-known properties in the Los Angeles real estate community. Full story

ProLogis Signs Two Leases Totaling 740,000 Square Feet in New Jersey Development Project

The leading developer of industrial real estate is converting a former New Jersey landfill site into a LEED-certified logistics property. An additional 140,000 square feet of speculative space will also e developed. The company acquired the 50-acre site in 2008.  Full story
 
 
NOVEMBER 2012

Prologis HQ To Finance Energy Improvements through PACE Bonds

The 20-year, low-interest bond was purchased by Clean Fund of San Rafael Calif., a specialty PACE finance provider and will be paid off through a special property tax assessment.  Full story

CODA Energy, Stem Deploy Smart Energy Systems at InterContinental Hotels

The Stem system includes a Coda Core of lithium-ion batteries and BMS technology integrated with Stem’s energy optimizations solution.  Full story

Building Owners Invest in Cost-effective Energy Programs as Evidence of Financial Value Mounts

The vast majority of commercial real estate owners have spent money on green strategies in the past year, but most have avoided making large capital investments requiring financing, according to the latest Global Sustainability Perspective report from Jones Lang LaSalle.  Full story

IBM to Assist UK Defense Ministry in Greening $36 Billion Property Portfolio

IBM analytics and smart building software will help provide a new level intelligence to how the defense ministry manages its 45,000 buildings and 55,000 houses.  Full story

Retroficiency Names New Strategic Advisory Board
The remote energy analytics company’s board includes Bill Richardson, Ron Weidner, Paul Dickerson, and Eric Teichholz, whose expertise spans several strategic market segments.  Full story

Green Building Accelerates Globally Through Economic Downturn, According to New Study

The study indicates a shift in the global construction market, now viewing green as a business opportunity rather than a niche market.  Full story

MACH Energy, Cassidy Turley Sign Agreement for Energy Management Platform
The national services agreement allows Cassidy Turley to offer properties in its 455-million-square-foot property management portfolio the MACH Asset Manager software service to initiate and generate significant energy cost savings through improved efficiencies in building operations.  Full story

Lunera Lighting, Lutron Electronics to Offer Integrated LED Fixtures

The collaboration will yield greater benefits for customers, including lowered installation costs, simplified commissioning, guaranteed compatibility, increased energy savings, and even greater control for occupant comfort.  Full story

MGM Resorts International Properties Lead in Green Meetings
Green Key Global, an international certification body evaluating sustainable hotel operations, has awarded the prestigious “5 Green Keys” rating to four MGM Resorts International properties for its Green Key Meetings Program.  Full story

San Diego and Major Jerry Sanders Unveil Completed Solar-to-EV Project at Balboa Park
The 90-kilowatt solar photovoltaic canopy directly charges electric vehicles in the San Diego Zoo parking lot.  Full story

 
 
OCTOBER 2012

Senate Bill Would Spur Energy Efficiency Retrofits
An extension and improvement of a federal tax deduction would leverage vast sums of private sector investment for technology-neutral, performance-based retrofits of commercial and multifamily buildings.  Full story

HERO Financing for Energy Efficiency Improvements in CA’s Western Riverside County hits $50M in Approvals

The Program is developed around the principles established by AB 811, which allows private property owners to pay for permanently affixed energy and water efficient products and renewable energy systems over time through their property taxes.  Full story

Report Says Energy Efficiency, Green Measures and Supportive Policies Intensify Demand for Building Automation in North America

The need to increase energy efficiency and savings while implementing green and sustainable measures is driving the uptake of building automation systems. Full story

BOMA Launches Lighting Energy Efficiency in Parking (LEEP) Campaign

The goal is to have 100 million square feet of parking structure or lot space to use roughly one-third less energy than ASHRAE Standard 90.1-2010.  Full story

Green Initiatives Expected to Spearhead Economic Development and Revitalization in Asia Pacific
A new study identifies green technologies, particularly in the environmental and building sector, as long-term catalysts of economic growth in the region.  Full story

Groundbreaking Information for Energy Efficiency Guidance

Four new data center classes that can enable fulltime economizers for a number of applications in many climates are contained in the latest edition of the principal book in the ASHRAE Datacom Series of publications.  Full story

New Alternative Compliance Paths Now Available for International LEED Projects

Global consistency and a regional approach mean providing flexibility in referenced standards while ensuring that LEED certification signifies the same level of excellence worldwide, according to the USGBC.  Full story

Life Technologies Moves Off the Grid with Clean Energy Fuel Cells

The Carlsbad, CA-based life sciences company, a leader in enterprise-wide sustainability, hopes to reduce carbon emissions by 30 percent and increase energy reliability while delivering cost savings. 
 

SEPTEMBER 2012

New York Enacts Legislation Authorizing Real Property Exemptions for Green Buildings
Under the authorizing statute, the exemption would apply to construction projects beginning on or after January 1, 2013. Full story
 
Green Building Market Shift Driven by Over $4 Billion in Venture Capital
Companies like Tridium, Encelium Technologies, and SAGE Electrochromics have grown their businesses from seed-stage rounds to hugely successful exits and acquisitions by giants, and this early wave promises to keep growing. Full story

Energy Efficiency is a Tale of Bottom Line Versus Brand Image
85 percent of companies claim that electricity cost reductions are essential to staying financially competitive, nearly an equal majority (81 percent) believe they are critical to brand building. Full story
 
Honest Buildings Financing Led by RockPort Capital and Mohr Davidow Ventures
The real estate network connecting professionals to new business opportunities and information for buildings across the U.S. has completed its first round of financingFull story

Sears Holdings To Compete In 2012 Energy Star Building Competition
The retailer has been selected to participate in the U.S. Environmental Protection Agency's (EPA's) Energy Star National Building Competition: Battle of the Buildings, which is designed to help improve the energy efficiency of commercial buildingsFull story

Zipcar and the City of Houston Launch First of Its Kind Municipal Electric Vehicle Car Sharing Program
The program is designed to help the City of Houston improve efficiency, promote sustainability and save money—all without sacrificing employee mobility.  Full story

BMW Group Launches ParkNow Mobile Parking Service in San Francisco

With an estimated one-third of all downtown traffic on weekdays due to vehicles searching for a parking spot, the service, a joint venture with Urban Mobility, is designed reduce traffic congestion and promote smarter, greener parking systems. Full story

Tower Companies First to Earn Multifamily LEED Gold EBOM under Residential Campus Program
The development is located on a 27-acre eco-progressive live-work-play community located on a mixed-use urban campus in downtown Silver Spring, Maryland, that was an infill and previously developed site.  Full story
 
 

JUNE 2012

Green Campus Partners, Citi Facility to Fund Energy Efficiency and Renewable Energy Projects

The facility will enable the implementation of potentially hundreds of millions of dollars in energy conservation and renewable power generation measures. Full story

Greenwood Energy Commits $50 Million to DOE Better Buildings Challenge

"The commitment will further strengthen Greenwood's position as a driver of distrubuted energy generation projects throughout North America," said Greenwood Energy's Interim CEO Camilio Patrignani.  Full story

New Jersey Utility Helps Hospitals Save Energy

PSE&G's program helps hospitals reduce the fiscal burden associated with making capital improvements that can reduce energy costs. It allows hospital leaders to make energy efficiency upgrades without distracting them from their core mission of providing quality healthcare.  Full story

USGBC launches California Best Buildings Challenge

The six inaugural commitment participants include Genentech, Google, Prudential Real Estate Investors, Adoble, Zynga and SAP.  Full story

New 385-Unit Transit-Oriented Housing Community Moves Forward

Canyon-Johnson Urban Fund (CJUF) has made a $25.7 million equity investment in a joint venture with an affiliate of GLJ Partners for the acquisition and development of a fully entitled 15.4 acre infill site in Montclair, Calfifornia.  Full story

Build-to-Suit to Meet Dallas Green Building Program Standards
Prologis, Inc., a leading global owner, operator and developer of industrial real estate, has signed a build-to-suit agreement for 398,000 square feet with Prime Distribution Services in Dallas, Texas.  Full story

Green Button: 15 Million Households to Have Tools to Cut Their Energy Bills
Nine major utilities and electricity suppliers will commit to providing more than 15 million households access to data about their own energy use with a simple click of an online “Green Button."  Full story

Marriott, OPIC Partner to Develop Sustainable Hotels in Emerging Markets
The partnership will support new environmentally sustainable hotel development in growth markets in the Middle East, Africa, Latin America and the Caribbean.  Full story

Particiation in Florida PACE Program by City of Delray Beach to Benefit Property Owners

The new PACE program will serve as the sustainability incentive within the newly implmented Delray Economic Development Fund. Full story


 
MAY 2012
 
Global Consortium of Institutional Investors Integrate ESG Factors Into Real Estate Investments 
The Global Real Estate Sustainability Benchmark intends to make reporting on economic, environmental and social performance in global real estate standard practice. Full story
 
Essess Closes $6M Series A Round from Vocap Venture and DFJ Athena
The company’s high-resolution thermal imaging technology allows for the capture, identification and quantification of energy loss profiles for millions of buildings per month. Full story

Helen Gurfel Named Executive Director of ULI-Greenprint Center for Building Performance
Gurfel, a veteran of GE Capital Real Estate’s global sustainability group, will manage the real estate industry-led initiative to measure individual building and portfolio performance for energy consumption, carbon emissions and other environmental factors. Full story

Green Globes Rating System Better Aligned Than LEED with Federal Building Sustainability Requirements, Says GSA

The GSA study evaluated and compared 180 third‐party green building certification systems for new construction, taking into account criteria outlined in the Guiding Principles for Federal Leadership in High Performance and Sustainable Buildings. Full story

ABB Completes Acquisition of Thomas & Betts

The acquisition will expand the firm’s reach with 6,000 distributor locations and wholesalers, and provide greater access to ABB low voltage products. Full story

Appraisal Institute Issues Guidance on Green Real Estate Valuation

Billing analysis, identification of equipment and components, and examination of results from engineering simulations are among the methods appraisers should use to assess energy cost and energy performance in buildings, according to a guide issued in May. Full story

HonestBuildings.com Aims to Create a Hub of Transparency in the Commercial Market that Accelerates Sustainability

The startup has released information for over 250,000 commercial and mixed-use buildings in New York City, representing more than 4 billion square feet, as it focuses on the real estate capital of the country to roll out its beta platform. Full story

Cornerstone Realty Advisors Enlists Lime Energy to Bring Clean Energy Savings to Property Portfolio

The firms signed a master service agreement to bring comprehensive energy efficiency lighting solutions to Cornerstone's portfolio of office, hotel, industrial, retail and residential assets across the U.S.  Full story

Golder Associates Ltd. to Anchor bcIMC's New Leed Gold Office Building at Broadway Tech Centre, Vancouver
Construction of the new 196,000 sq. ft. four-story office building, the eighth building at Broadway Tech Centre at 2920 Virtual Way, is scheduled to start later this month. Full story
 
 
APRIL 2012

ICC’s New Code Baseline Complements LEED

The 2012 code will increase energy efficiency of structures while providing governments direction and oversight of green design and construction.  Full story
 
Tarlton Properties Completes Twelve-Office Building Energy Retrofit
The 500,000-square-foot retrofit in Menlo Park, CA used a lighting control system from Enlighted. Other participants included Pacific Gas and Electric Company, EnerNOC, Global Energy Partners and Progressive Lighting & Energy Solutions.  Full story

SCIenergy Completes Acquisition of Transcend Equity

The acquisition of the energy efficiency finance firm will leave intact pre-existing capital commitments to Transcend Equity by Mitsui & Co. Full story

JCI Energy Efficiency Initiative in Milwaukee Expected to Improve Property Values

The Me2 Clean Energy Financing Program leverages funds received from the American Recovery and Reinvestment Act to provide up to $60 million of enhanced private sector financing for building owners.  Full story

Vigilent Closes $6.7 Million Investment Led by Accel Partners
The company, a provider of energy management systems for data centers, telcom facilities and larger buildings, will use the investment to expand its portfolio of energy management products, move into new geographic regions and expand staffing.  Full story

Changes Related to Data Centers Proposed to ASHRAE/IES Energy Standard
Recognizing the limits to energy efficiency of building equipment alone, the changes recognize the role that system efficiencies can play in reducing energy consumption.  Full story

L.A. Property Developer Extends Energy Services Contact with Veolia Energy

The deal reinforces Veolia’s commitment to provide clean and more efficient energy sources to property owners in downtown Los Angeles and Century City.  Full story

IKEA is Unveiling A New More Energy Efficient Store in Canada

The Richmond, British Columbia store is the first of a new wave of stores designed to be 40% more efficient. It includes a geothermal installation, rainforest harvesting, and solar power. Full story

NTS Begins ZigBee Building Automation Certification Testing Services for Commercial Market

The certification testing may increase potential adoption of the wireless mesh network standard for commercial buildings.  Full story
 
 
MARCH 2012
 
 
AXA Roll Out Green Leases in Germany
The commitment follows the French firm’s successful implementation of the innovative lease format in its home country. Full story
 
Jonathan Rose Companies, Citi Launch Green Cities Fund
The $75 million fund will make investments in multifamily affordable housing in the Eastern U.S.
 
Real I.S. Gruppe Launches Green Office Fund
The real estate investment arm of Bayern LB, is looking to raise $400 million in equity capital to invest in European office buildings that are green-certified or suitable candidates for retroactive certification.
FirstFuel Software Raises $10 Million in Series A Financing

The financing round, led by Rockport Capital, will support expansion of the commercial building energy analytics company, which claims to have the capability to benchmark energy consumption without the need for onsite audits. Full story

Performance Contracts Drive Double-Digit Growth in Energy Management Services Market
Drivers of the growth include the economic crash, the widespread implementation of regulations for energy efficiency, and an increase in financial incentives.  Full story

Siemens Acquires Energy Services Provider Pace Global

Acquisition of the U.S.-based company will substantially expand Siemens’s portfolio of sustainability and energy management services for companies and cities. Full story
 
Green Offices Become Standard as Absorption Triples in Germany
Savills latest green office bulletin reports that both leasing and investment market demand for green office space has risen significantly in the last couple of years. Full story

New Guidelines to Build Transparency in the Construction and Real Estate Sector

The Global Reporting Initiative has included contaminated land and sub-contracted labor practices in its latest sector guidance. Full story

Zipcar Unveils Metropolis Index to Measure and Rank Sustainable Cities

The Index’s first foray in the market measured the 36 largest U.S. cities by population and ranked them according to sustainability, vibrancy, efficiency and livability. San Francisco topped the list for 2012. Full story

 
FEBRUARY 2012
 
 
Greenprint, ULI Join Forces to Reduce Carbon Emissions and Improve Building Performance
The Greenprint Foundation’s activities and assets will be rolled into the newly formed ULI Greenprint Center for Building Performance.  Full story

Forum Eyes Advancing Data Center Resource Efficiency
The Green Grid Forum will showcase emerging tools, metrics, best practices and case studies that enable stakeholders to improve efficiency without sacrificing performance.  Full story

BASF Venture Capital Invests $5M in Solidia Technologies

The investment in Solidia Technologies, a company focused on the next generation of sustainable buildings and construction materials, is part of a $27M financing round that included Kleiner Perkins, BP Ventures and Bright Capital.  Full story

New Frontier: Zero-energy Buildings

A new report on zero-energy buildings from sees solid growth for the small, yet potentially large market for buildings that produce as much energy as they consume.  Full story

CA’s Santa Clara Valley Installs Solar Power Systems at its Three Bus Yards
The Valley transportation authority (VTA), in partnership with SunPower Corp, Joint Venture Silicon Valley and Wells Fargo, installed solar canopy parking systems using a power purchase agreement that will save the authority $2.7M over 20 years. Full story

New IFMA Guide Details How to Implement Sustainable Practices at Facilities
The publication offers a comprehensive, practical approach to making sustainability improvements to public- and private-sector properties based on federal government guidelines.  Full story

U.S. Venture Capital Investment in Cleantech Steady at $4.8B Despite Tough Economy
The energy and electricity generation segment led investments with the solar sub-segment receiving the lion’s share of capital in Q4 with $285M or 91% of the segment’s total investment.  Full story

XL’s Environmental Team Unveils Enhanced Real Estate Portfolio Protection

The coverage, which addresses pollution, is aimed at property owners, managers, developers and REITs across all the major asset classes.  Full story

Lighting Science Group Becomes N. America’s Largest Producer of LED Light Bulbs
The firm produced 4.5 million light bulbs in 2011, an increase of 450% compared to 2010 numbers. Full story

SL Green Advances Sustainability of Its Manhattan Portfolio

Seven buildings in the investors NYC Portfolio received the EPA’s Energy Star Label bringing the firm’s total number of Energy Star buildings to fifteen.  Full story
 
 
 
 JANUARY 2012

Commercial Building Retrofit Market Seen as Key to Green Growth

The report from the World Economics Forum recommends government-mandated, energy consumption reporting and efficiency rating system for buildings. Full story

Transcend Equity and New York City Energy Efficiency Corporation Close Transaction to Fund Energy Efficiency Retrofit

The retrofit project uses an innovative structure for funding energy efficiency in which project costs are repaid only through energy cost savings generated by the retrofits. Full story

Forest City, Jones Lang LaSalle Participate in Better Buildings Challenge
Both companies have affirmed their commitments to reduce energy consumption across their portfolios. Full story

Siemens Acquires Pace Global Energy Services

The acquisition is seen as a strategic commitment by Siemens to enhance enterprise value for its global clients by optimizing energy and resource efficiency. Full story

Redwood Systems Selected to Design Campus of the Future Prototype
The EdCampus prototype is intended to set the standard for education institutions in the areas of energy efficiency and building performance. Full story

Horne Engineering and Eris Technologies to Provide Energy Efficiency Services to NRF Healthcare Facilities
The initial assignment requires completion of studies for four of a total of 80 independent and assisted living facilities. Full story

Kimberly Clark Installs Major Rooftop Solar System at CA Distribution Center
One of the largest single rooftop solar power installations in the country, the 4.9 megawatt installation covers 350,000 square feet of roof space. Full story

People in the News

Schaefer in Development Role at Clean Urban Energy, Smith to Bolster Environmental Practice at Crowell Moring, PaceNow Announces Initial Advisory Board, USGBC Names New Board. Full story
 
 
 
DECEMBER 2011

Global Market for Energy Efficient Buildings to Supass $100B by 2017

The ESCO market represents the largest segment of the enery efficiency buildings industry with revenues expect to more than double from $30.1B this year to $66B worldwide in 2017. Full story
 
Energy Analytics Segment Shoots to Top of Smart Building Technology Market
The software in this segment provides sophisticated dashboards that meet the demand for data visualiziation to display the relevant and often dispate data for each stakeholder in the smart building management effort. Full story

Obama and Clinton Recognize Real Estate Roundable Members’ Participation in Better Building Challenge

RER hopes to continue work with both the Administration and Congress on policy changes needed to increase the number of energy retrofits. Full story

Investments Target TOD and Environmental Sustainability

Community Capital Management’s CRA Qualified Investment Fund has bought a portion of the city of Portland, Oregon Interstate Corridoor Urban Renewal and Redevelopment Bonds. Full story

COPT Selects Mach Energy as Energy Efficiency Platform

The office REIT will use Mach's management tool, which combines data collection and analytics, to drive and measure energy savings.
Full story

Forest City Will Lead TOD Project in Atlanta

The CRE owner/developer is partnering with Cousins Properties Incorporated and The Integral Group to master plan a 119-acre site, which will become a new multi-modal transportation hub downtown.
Full story

People
Black Named SL Green’s Director of Sustainability, Halter Joins SCIenergy Board and Building IQ Hires Builds New Executive Team.
Full story

JLL Launches First Global Cloud-based Portfolio Management Solution

The platform leverages technology from Pacific Controls to enable real-time monitoring and control to deliver energy reduction solutions to CRE portfolios worldwide.
Full story

 
NOVEMBER 2011

Strong Growth Seen in Property Investments Weighting ESG Criteria
Environmental criteria were also predominant among alternatives such as private equity and venture funds, with $68.9 billion of total assets incorporating an environmental theme. Full story

JLL Highlights Trends in Corporate Energy and Carbon Reporting
The emergence of international guidelines on sustainability reporting for real estate companies is one of several key global trends in corporate and responsibility reporting.  Full story

Shorenstein Sees $1.7 Million in Energy Savings Across Real Estate Portfolio
The energy saving strategies achieved a payback period of just six months and reduced the 33-building portfolio’s energy bill by 5%. Full story

Serious Energy Acquires Agilewaves

The acquisition will expand Serious Energy’s customer base for users of building energy management technology. Full story

Solaire Generation to Provide Solar Carport for GE/Innovateus Partnership

Under the partnership, Inovateus Solar, a national solar power distributor and integrator, will be the original equipment manufacturer for integrated solar carport charging stations using GE EV chargers, solar balance of system components, and electrical distribution equipment. Full story

Lighting Science Group Surpasses $100M in LED Lighting Orders
The milestone represents more than a 100% increase from 2009. The company expects exponential growth over the next couple of years. Full story

PaceNow Names Board of Advisors

In a sign that the property assesses clean energy movement still has legs after suffering setbacks at the federal level, the non-proift has selected a board of advisors that includes Beau Engman VP Commercial Energy Solutions, Johnson Controls and Jigar Shah CEO of Richard Branson’s Carbon War room. Full story

NASA Deploys Wireless Pneumatic Thermostat to Save Energy, Reduce Costs

The device was installed in fourteen buildings in 3 months and is expected to pay back its $850,000 upfront cost in 18 months. A retrofit with traditional direct digital control technology would have taken more than a year and cost over $4 million.  Full story
 
 
OCTOBER 2011

GRI Issues New Guidelines to Build Transparency in the Real Estate Sector

The Global Reporting Initiative willl help developers, investors and contractors by assisting the measuring, reporting and monitoring of construction activities.  Full story

Income Fund to Help Colleges Increase Energy Efficiency

The green fund is designed to begin providing returns within 12 months, unlike other ventures of this kind that typically have longer investment periods, delayed returns and longer overall payback timeframes.  Full story

Greener Capital Completes First Close of Venture Fund

The firm invests in clean technology companies that touch the built environment.  Full story

Caribbean Hotels to Become More Energy Efficient with IDB Grant

The Inter-American Development Bank approved a $2 million grant to finance energy audits for hotels in participating counties that want to cut operation costs through greater energy efficiency.  Full story

Deutsche Bank Partners with City of New York on Energy Efficiency Initiatives

The bank made a commitment to the New York City Energy Efficiency Corporation, a multi-stakeholder partnership of real estate interests formed earlier this year to find ways to reduce carbon emissions through private-sector energy-efficiency investments.  Full story

GE Leads $22M Investment in Project Frog

The funding round will help the maker of energy-efficient building systems to expand its sales pipeline and execute on orders.  Full story

First Automated DR Project Unveiled for Commercial, Industrial Facilities in Europe
The pilot project of Scottish and Southern Energy (SSE) will utilize Honeywell technology in an effort to reduce or shift energy use when overall demand spikes.  Full story

Johnson Controls Aims to Overcome Cost, Skill-Set Barriers to Building Efficiency

A new approach to building efficiency called Panoptix makes it easier and more affordable for owners and operators of any size facility to achieve better building performance. Full story

Poll Reveals Majority Supports Federal Investment in Green Schools

Three out of four Americans support federal investment in school building improvements, focused on creating healthier learning environments, saving tax dollars or lowering carbon emissions.  Full story
 
Simon Property Is Sole Real Estate Firm on Carbon Disclosure Leadership Index
The large retail developer and owner earned a score of 96 out of 100, giving it the tenth best score among the 500 reporting companies, which averaged a score of 69.  Full story

 

SEPTEMBER 2011

Clean Fund Completes First Private Commerical PACE Financing
Codding Enterprises has received $1.6 million in funding from Clean Fund to pay for a solar electric system allowing the developer’s 200-acre LEED-Platinum community to cover 100% of its electric needs from onsite renewable power. Full story

U.S. Real Estate Firms Show Strong Ranking on Environmental Performance

Leading real estate companies reduced their annual energy consumption by nearly 3 percent in 2010 and are taking steps to integrate environmental management into their daily operations, according to a prominent foundation. Full story

Saint-Gobain Gets New U.S. Chief, ARXX Adds Bench Strength To Sales Team, Pitcher Joins Serious Energy
The three firms are positioning resources to capitalize on growing interest in sustainability in the built environment. Full story

EBL&S Eyes Equity Financing for Mixed-use Transit-Oriented Development
The 12-acre San Mateo, CA infill development, which is fully entitled and includes about 600 units of multifamily and 60,000 square feet of office, expects to line up financing by the end of the year. Full story
 
Jones Lang LaSalle to Advise Financial Services Firm KeyCorp
The real estate advisor will develop and implement an enterprise-wide sustainability program, including property-focused strategies such as energy management, carbon footprint measurement and reduction, and sustainable workplace initiatives. Full story

Canada’s Oxford Properties Joins GRESB Foundation
Joining the foundation, which analyzes the environmental performance of 340 of the world’s largest real estate companies and funds, the real estate firm hopes to identify opportunities to improve and measure sustainability performance across its $16 billion global real estate portfolio. Full story
 
States Empowering New, Innovative Green Building Policy
From energy efficiency finance and investments in high-performance schools, to incentives for green manufacturing facilities and minimum codes, states are taking action to transform the market, despite a struggling economy, according to a new report released by the USGBC. Full story

Kema Selects Green Energy Corp for Smart Grid Interoperability Lab
The advanced test facility will validate compliance of low-voltage automation devices, meters, and consumer products with evolving smart grid standards. Full story
 
 
JULY-AUGUST 2011

San Francisco Leads U.S. in Environmental Sustainability

The Siemens commissioned study assessed and compares 27 major U.S. and Canadian cities on environmental performance and policies across nine categories, including land use and buildings. Full Story
 
Lend Lease Commits to Greening 65.3 Million Square Feet of Military Housing
The company’s Military Housing Privatization Initiative (MHPI) portfolio consists of about 40,000 homes, 800 historic structures, 19 offices, and 19 community centers. Full Story

Johnson Controls Completes Acquisition of EnergyConnect

The acquisition enables Johnson Controls to help building owners and operators
manage how much energy their buildings consume and when the energy is consumed, a critical feature of connecting smart buildings to the smart grid. Full Story


Net-Zero Energy Student Housing Project Goes Vertical
Mesa Lane Partners has begun construction of The Loop student housing development in Santa Barbara, CA after securing $11 million in senior financing from Bank of the West and an additional $1.5 million from Santa Barbara County’s Redevelopment Agency.  Full Story

Study Reaffirms Green Building’s Positive Effects on Worker Productivity
A workplace with good air quality, comfortable temperature, natural light and other features associated with green buildings is likely to result in a more productive workforce, according to a study conducted by Jones Lang LaSalle.  Full Story

Postal Service’s Energy-Efficient Facilities, Green Roof Contribute to Savings

The U.S. Postal Service has reported more than $400 million in energy cost avoidance since fiscal year 2007.  Full Story

Firm Hopes to Optimize Energy Efficiency in Data Centers
iTracs Corporation, Inc., a provider of enterprise class data center infrastructure management solutions has announced a best-practices strategy for reducing energy consumption and costs in data centers.  Full Story

Brea to Save $13 Million in Solar Play

Chevron Energy Solutions and the City of Brea unveiled Orange County's largest municipal solar installation.  Full Story
 
 
JUNE 2011
 
 
BofA Launches New Energy Efficiency Finance Program for Older Buildings 
The $55 million program will provide low-cost loans to community development financial institutions. Full story

DOE Taps Appraisers in Bid to Boost Energy Performance in Buildings

The agency will work with The Appraisal Foundation to help appraisers obtain the capability needed to evaluate energy performance when conducting commercial building appraisals. Full story

Transcend Equity Development Forms JV with Mitsui to Fund Energy Efficiency
Initial investments by the joint venture are expected to target several private energy efficiency retrofit projects across the U.S. Full story

Top European Real Estate Asset Managers Eye Elusive Green Alpha

Forty leading firms have teamed up with a noncommercial platform headed by the Euro Institute of Real Estate Management. Full story

IBM Inveils Advanced Analytic Software Solution for Smarter Buildings

The solution helps building owners make sense of their property assets’ energy data. Full story

Building Owners Pursue Energy Efficiency to Combat Rising Energy Prices
In a survey by Johnson Controls, IFMA and the Urban Land Institute, building owners say energy efficiency is a top priority but access to capital remains a barrier to improving consumption. Full story

German Cities Among Europe’s Best in Environmental Protection

The cities were noted for achievement in the areas of energy efficient buildings and water conservation. Full story

Saint Gobain’s John Marrone Joins Board of Energy Consumer Trade Organization

The appointment coincides with the admittance of the firm to IECA as its newest member. Full story
 
 
MAY 2011

Salt Lake City Firm Unveils Development of Eco City in China

SunWorth Development Group, a joint venture between Bestsun Energy Group of China and Salt Lake City-based Southworth International, unveiled the master plan of a 30-square-kilometer, technologically advanced eco/green city located in Langfang, China. Full story

Cost Savings, Government Incentives Driving Energy Efficiency in Europe

Cost savings and government incentives are the top influencers driving an increased focus on energy efficiency in buildings, according to the results of the second annual Energy Efficiency Indicator (EEI) survey for Europe. Full story

Jones Lang LaSalle Partners With Carbon Disclosure Project Cities Program

The real estate services firm has been named a lead sponsor to the Carbon Disclosure Project (CDP) Cities program to improve environmental sustainability in the world's largest cities. Full story

Shaheen-Portman Legislation Promotes Greater Energy Efficiency in Commercial and Residential Buildings
The legislation contains a broad package of low-cost tools that would reduce barriers for businesses, real estate owners and consumers looking to adopt off-the-shelf energy efficiency. Full story

Westly Group Raises $50M Toward $175M Fund

The clean technology venture capitalist plans to continue investments in a range of technologies focused on clean energy and energy efficiency, with special focus on green building technology. Full story

UC Davis West Village Rising as Zero Net Energy Community

The largest planned zero net energy development in the U.S. is combining advanced energy efficient design features with a 4- megawatt (MW), high efficiency SunPower solar power system. Full story

Greenprint, NRDC Form Strategic Alliance

The alliance aims to work together towards their shared goal of promoting meaningful, immediate, measurable and scalable actions by the global real estate community to create value for real estate assets by increasing energy efficiency and reducing carbon emissions. Full story


Morgan Solar Closes $16.5M in First Tranche of Series B Round

Morgan Solar Inc. has closed USD $16.5 million in the first tranche of its Series B funding round to ramp up manufacturing and deployment of its Sun Simba concentrated photovoltaic module. Full story

 
APRIL 2011
 
Report Says SRPI Indices Could Accelerate Capital Flows
Veteran researchers contend that financial indices would address informational deficiencies, reduce uncertainties, build legitimacy, fulfill fiduciary obligations and attract more capital to sustainable urban development. Full story

Leading Global Real Estate Companies Launch Major Sustainability

The Green Rating Alliance, with European real estate heavyweights such as AXA, Allianz and ING, is a not-for-profit association with a tool and benchmarking platform to assess and improve environmental performance of existing buildings. Full story

Simon Property Launches Installation of Electric Vehicle Charging Stations

The retail property developer and owner completed an initial installation in Orlando, FL. A second property in Palo Alto, CA will be equipped later this month. Full story
 
 
Modular Wall Systems Manufacturer Completes $22 Million Funding Round
Dirtt Environmental Solutions replaces drywall with a lower-cost modular wall system that can be quickly reconfigured and reused as corporate tenants and owners relocate, reorganize and expand operations. The equity infusion will be used to establish a new manufacturing facility in Phoenix, AZ. Full story

ASHRAE Seeks Public Comment on Green Standard for Existing Buildings

The standards-setting organization is revising its energy conservation standard to take a more comprehensive approach to the retrofit of existing buildings for increased energy efficiency. Full story

CB Richard Ellis Certifies 100 Client Buildings Under LEED-EB

The properties range in size from 100,000 to 1.8 million square feet and are located in major U.S. markets. Full story

TVA, USACE, NASA Release Benchmarks for Building Energy, Sustainability Goals

The government agencies hope to reduce energy consumption and expand renewable sources across their operations, including buildings. Full story

UW-Milwaukee Forecasts $31 Million in Energy and Operational Savings

Honeywell completed its first energy-efficiency building upgrades at the UW-Milwaukee, which will save the school an estimated $620,000 in annual energy costs. Full story

Schneider Acquires Summit Energy

The company, purchased for $268 million, is expected to complement Schneider’s demand-side capabilities in the fields of energy audits, energy monitoring and energy efficient solutions. Full story
 
 
MARCH 2011


Report Says Green U.S. Office buildings Offer Economic Benefits
The report, a follow-up by the same research team that conducted a study before the financial crisis, confirms that green office buildings can lead to higher rents and lower risk premiums. Full story

ULC Acquires Property Using Country's First Transit-Oriented Development Fund

The $15M fund, which bought a portion of the site from Shanghai Land Investment for $2.1M, will be used to develop mixed-use, multifamily workforce housing, and a commercial structure. Full story

JCI Guarantees $4.7B in Savings for Public Sector Energy Efficiency Projects

At the National Governors Association meeting, the company’s building efficiency president C. David Myers told state leaders that energy savings could be achieved with no upfront cost to government facilities. Full story

Honeywell Awarded $213M Contract to Expand Energy Infrastructure at FDA

The 20-year agreement will be funded from the downstream energy and operation savings the work produces. Full story

Briefing Focuses on Secure and Sustainable U.S. Embassies

The High-Performance Building Congressional Caucus Coalition established by ASHRAE highlighted how sustainable design and operating practices can effectively reduce the consumption of resources at diplomatic facilities while enhancing security. Full story

Datapipe Powers U.S. Data Centers with 100% Renewable Energy

The provider of managed services and infrastructure for IT and cloud computing has converted all of is U.S. based data centers to renewable power. Full story

IFMA Unveils Sustainability Facility Professional Credential
The designation will help facility mangers play a leadership role in creating, managing and operating sustainable facilities. Full story

ABB Takes Stake in Novatec
The 35 percent investment includes an option to acquire 100 percent of the innovative solar tech company and an agreement to cooperate on future solar power plant projects. Full story

Sunnovations Closes Series A Round

The financing round led by clean tech investment firm Two Seven Ventures will help the solar thermal tech start-up accelerate geographic expansion, invest in channel support and develop its product roadmap for small commercial applications. Full story
 
 
 
 FEBRUARY 2011
 
 
Seven Firms Set to Dominate UK Sustainable Real Estate Advisory Market
CBRE, Cushman and JLL are among those that poised to drive new revenue from sustainability services, according to a Verdantix study. Full story

Obama Initiative Targets Commercial Building Energy Efficiency
The President seeks to achieve a 20 percent improvement in energy efficiency by 2020 through cost-effective upgrades. Full story

Green City Index Study Analyzes the Sustainability of Major Cities in Asia
Singapore City stood out as having ambitious environmental targets and an efficient approach to achieving them. Full story
 
TD Bank Constructing First Net-Zero Energy Bank Location in the U.S.
The bank branch will also target LEED Platinum. Full story

Shorenstein to Extend Ongoing Sustainability Efforts to Tenants in 2011
The efforts includes a targeted energy conservation education program aimed at its thousands of tenants across the country. Full story

USAA Real Estate Company Acquires LEED Gold Distribution Center

The sellers were the Rockefeller Grop and MeadWestvaco Corporation. Full story

Soladigm Closes $10M in Additional Series C Financing

The financing will add to the glass developer’s ability to launch and build high-volume commercial operations. Full story

Latest Energy Saving Figures Are Big Draw at ASHRAE Conference
The data suggests that without plug loads the energy standard leads to energy savings of 32.6 percent and energy cost savings of 30.1 percent for commercial buildings. Full story
 
 
 
JANUARY 2011

Saint-Gobain Joins Consortiun to Advance Energy Efficiency in Buildings

The consortium is organized under the U.S. Department of Energy’s U.S.-China Clean Energy Research Center for Building Efficiency. Full story

Sustainability Roundtable Inc. Closes $1.2M Series A Financing
The investment round will enable the shared-cost research and consulting firm to respond to growing market demand for best practices research on operating sustainable facilities. Full story

Growth Signs, New Investments for JCI Building Efficiency Business

The company’s building efficiency business, which reported increased sales for Q1 2011, will step up investments in companies providing technology-enabled solutions around energy efficiency in buildings.  Full story

Rubenstein Partners Completes Transactions, LEED Projects
The firm completed four transactions—including two LEED projects—in the fourth quarter of 2010, its first new investments in nearly four years. Full story
 
Scientific Conservation Inc. Completes $15.65M Series B Financing

The firm provides energy management software offering predictive diagnostics and analytics solutions for the $5 billion commercial building market. Full story

Multfamily Green Development Site Closes Escrow

The 208-unit multifamily LEED Silver project in Glendale, CA, is a joint venture of BlackRock and American Post Development. Full story

Soladigm Secures $30M Series C Financing
The fund will allow the developer of highly energy-efficient "dynamic" glass to build and launch high-volume commercial operations. DBL Investors and Nano Dimensions led the round. Full story

Brandywine Realty Trust Exceeds 2010 Energy Star Goal
The office REIT has qualified 30 buildings for the government-administered rating, double the amount of square footage from a year ago. Full story

DOE Guarantee for Huge Solar Generation Plant

The $1.45 billion loan guarantee is for the world’s largest parabolic trough concentrating solar plant. Full story
 
 
DECEMBER 2010

ABM Industries Acquires The Linc Group
The listed facilities services company said the $300 million acquisition will bolster its competitive position for providing energy efficiency services in the government market. Full story

Good Energies Completes Follow-on Investment in Sage Electronchromics
The investment was made in tandem with an $80 million commitment from Saint-Gobain to build a new U.S. factory for electronically tintable windows. TIAA-CREF joined the investment round. Full story

DOE Grants $21 Million to Improve Energy Use in Commercial Buildings 
This initiative will connect commercial building owners and operators with multidis
ciplinary teams, including researchers at DOE's National Laboratories and private sector building experts. Full story

REIT Buys LEED Office Building at Liberty Station
The 105,061-square-foot San Diego building, which was developed by The Corky McMillin Companies and is 95% leased, received 17 offers. Full story

Target, Home Depot and Euro Disney Ramp up Sustainability Initiatives
The initiatives include a new retail prototype, substantial store upgrades, and a resort concept. Full story

Cornerstone Real Estate Advisors, Foundation Back $100M Affordable Housing Program

Investors in the socially responsible housing program include JP Morgan Chase, Massachusetts Mutual Insurance Company, MetLife and United Bank. Full story
 
 
NOVEMBER 2010
 
TIAA-CREF Commits $30 Million to Green Development Fund
The fund will invest in multifamily, office, and mixed-use development and acquisition, primarily in the Northwestern U.S. Full story

Real Estate Investors Foundation Goes Live with Carbon Index
The index establishes an industry-wide standard that measures, benchmarks and tracks operational energy usage and carbon emission trends. Full story

U.K. Property Fund Fully Invested
Climate Change Capital has fully invested its $110 million acquisition fund targeting the office sector. Full story

Saint-Gobain Makes an $80 Million Investment in Sage Electrochromics

The strategic funding will support construction of a new factory and accelerate the adoption of energy-saving window technology worldwide through higher volume production and lower price points. Full story

U.S. Green Building Market Grows Over 50% in Two Years, Despite Recession

From 2008 to 2010, the value of green building construction starts grew from $42 billion to $71 billion, and represents 25% of new construction activity in 2010. Full story

Redwood Systems Secures $15 Million Series B Funding
The company’s power, controls and communications platform for LEDs has potential to fundamentally alter the energy equation in lighting for commercial buildings. Full story

Emerge Alliance Advances DC Power Platform
The fast-growing alliance of electric-power product
and service providers aims to convert commercial building electric infrastructure from AC power to energy-saving DC power. Full story

GSA to Require LEED Gold for All New Federal Buildings and Major Renovations
The agency, which as a portfolio of 9,600 federally owned and leased facilities, has upgraded its LEED requirement for government buildings to accelerate its greening strategy. Full story

 
OCTOBER 2010

TIAA-CREF to Invest $50M in Green Building Technology

The pension fund will invest in companies and technologies alongside venture firm Good Energies. Full story

Report Explores Finance Innovation in Energy Retrofits
The ULI report examines how real estate investors are looking at energy efficiency in existing commercial buildings, considering depressed market conditions, tighter credit and new building regulations. Full story

Marriott Leads Hospitality Sector in Sustainability Reporting
The hotel giant is the first hotel chain to publish a sustainability report in accordance with guidelines set forth by the Global Reporting Initiative. Full story

Building Efficiency Unit Lifts Johnson Controls’ 2011
Revenue Forecast
The company expects its building efficiency business revenues to be 8-10% higher, and a moderate recovery for technical services in nonresidential buildings. Full story

Empire State Building Completes Energy-Saving Window Retrofit
The initiative will directly reduce the landmark’s energy costs by more than $400,000 a year. Full story

Prologis and Southern California Edison Partner on Solar Project
The warehouse developer and owner is in the second phase of its 100-MW solar project after signing new leases for roof space totaling 4.8 million square feet. Full story

Digital Realty Trust Chooses Renewable Energy in Paris
The wholesale data center provider has adopted EDF’s Certificats Equilibre scheme at its Paris data center. Full story

IBM Selected for Smart Grid Initiative in Australia
The company will assume the role of systems integrator for the $100 million Smart Grid, Smart City initiative led by the Energy Australia consortium. Full story

 
 
 




 

 

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