A new portal connects building owners and FMs with financiers, research and other assistance for energy-saving projects.
The Better Buildings Financing Navigator, part of the DOE’s Better Buildings Initiative, helps users identify the financing options relevant to their project by providing white papers, technical research and industry advice. FMs can search by topic or answer a few simple questions to receive tailored results. Projects of all sizes in all non-residential building types are suitable.
The tool also connects users with the Better Buildings Challenge Financial Ally community, where they can speak with banks and lenders who are pursuing energy efficiency investment opportunities. The DOE is partnering with 30 of them to commit $5.4 billion in financing.
“We’ve seen the financing community make tremendous progress by innovating models and mechanisms to invest in building energy efficiency,” says Kathleen Hogan, Deputy Assistant Secretary for Energy Efficiency at the DOE. “Now more than ever before, we can bring these smart financing solutions to the market and move forward more rapidly with energy efficiency projects and upgrades.”