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Norwalk woman cited for clean energy financing

April 23rd, 2014 by admin | Permalink

WASHINGTON — Connecticut has been hailed as a poster child for clean energy reform and Norwalks Jessica Bailey was recognized at the White House on Thursday for her commitment to affordable, smart energy options that have helped preserve the states environment and revitalize its economy.

Bailey, director of Connecticuts Commercial and Industrial Property Assessed Clean Energy program, was named one of 10 Champions of Change at the Solar Summit. She was honored for her role in designing C-PACE, a statewide economic development program that offers commercial and industrial building owners financing options to make clean energy improvements at their properties.

Private capital...

4 Solutions To Make Solar Financing Less Weird

April 22nd, 2014 by admin | Permalink

Market share for solar leases and PPAs has largely leveled off now that the availability of $0 down loans and PACE financing with tax deductible interest are rapidly penetrating the market.

Unlike a lease or PPA, $0 down solar loans allow the consumer to own their solar system while retaining the 30% federal tax credit and any applicable cash rebate and are typically offered by dealers that offer considerably lower pricing than the pricing provided by the solar lease/PPA companies.

Despite the fact that consumers have had to forfeit all of their incentives and pay a higher price to the leasing companies, solar leases/PPAs have maintained their popularity.

From 2008 through...

Seniors housing committee exploring financing options

April 22nd, 2014 by admin | Permalink

The recently incorporated Thompson Lions Senior Housing committee, which is formulating a proposal to build affordable seniors housing in Thompson, is holding an information meeting on life leases April 3 as it seeks to develop a financial foundation for the project.

We did an initial survey to determine the need for 55+ housing in Thompson, said Nick Di Virgilio, president of the Thompson Lions Club in a March 21 news release, and now we are exploring our financing options. One of the options is called a life lease. This is basically a refundable deposit that guarantees tenancy and helps keep the monthly rents low. If there is no interest in committing to life leases, we will have...

RECURRENT Building Intelligence Teams with Noesis Energy to Offer Energy …

April 21st, 2014 by admin | Permalink

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Press Release, News

AUSTIN, Texas, April 8, 2014 /PRNewswire-iReach/ RECURRENT Building Intelligence LLC, a full-service facilities management firm specializing in building automation and energy management systems, has partnered with Noesis Energy to expand its energy efficiency offerings to include financing options customized for its clients needs. Among the new offerings are PACE (Property Assessed Clean Energy), capital leases, municipal leases, and ESA (Energy Service Agreements).

(Photo:http://photos.prnewswire.com/prnh/20140408/MN99719)

All energy efficiency projects require funding, but with capital budgets shrinking, we too often find the most...

New Financing for Africa’s Roads, Rail Without High Debt

April 21st, 2014 by admin | Permalink

As Central African countries seek new sources of financing for infrastructure, policymakers will have to avoid high indebtedness, a conference in Cameroon was told.

Sub-Saharan Africas strong growth over the past decade has highlighted the importance of infrastructure development.

Senior officials, academics, business executives, and civil society figures from Central Africa and representatives of international financial institutions gathered in Yaounde, Cameroon, on March 10 for a regional conference on Financing the Future: Infrastructure Development in Central Africa.

The one-day event examined options for infrastructure financing, including how to leverage existing...

Upcoming IPO Previews: Ally Financial Tops the List of Ten

April 21st, 2014 by admin | Permalink

The most closely watched of this week’s offerings will be Ally Financial, the former GMAC Inc., which collapsed in 2008 and was resuscitated by a $17 billion federal bailout. The financial services firm plans to offer 95 million shares in an expected price range of $25 to $28 a share.

Underwriters are Citigroup, Goldman Sachs, Morgan Stanley and Barclays Capital which have an over-allotment option on an additional 14.25 million shares. The US Department of the Treasury owns 177.31 million shares, or 36.8% of the company. It is the seller of all 95 million shares in this offering as well as the over-allotment option. Ally Financial will receive none of the gross proceeds of $2.52...

Service Charge: How Recurring Revenue Models Are Changing The Channel …

April 20th, 2014 by admin | Permalink

While one of the top benefits touted about cloud and managed services is its affordability, traditional VARs looking to move to recurring revenue models often find that transformation to be expensive.

When his company first broke into managed services, Tim Burke, CEO of Quest, said he had to make significant investments in infrastructure, training and software. While some other companies see the move to managed services and cloud as an inexpensive one, he said, those companies are often just skimming the surface of the services market through third-party systems instead of building a full practice from the ground up.

The problem with making big investments in services, Burke...

Owner Financing on Homes in St. Petersburg Now Offered by Established Real …

April 19th, 2014 by admin | Permalink

St. Petersburg, FL (PRWEB) April 04, 2014

Financing a home purchase can be more difficult for a person with a lower than national average credit rating in the US, according to industry research. The http://ownahousenow.com company is now promoting its owner financing on homes in St. Petersburg as part of its new housing services online.

The financing solutions that are now in place are meant to assist purchasers with obtaining a home without going through additional financial companies to obtain a mortgage. The financing options now in place can be secured by a person who completes the application process that is now available online.

St. Petersburg is one of the Florida...

Mickey Rooney’s legacy includes raising awareness of financial elder abuse

April 18th, 2014 by admin | Permalink

The legacy of Mickey Rooney, who died on April 6 in California at age 93, goes far beyond the silver screen. The prolific film star did a service for millions of elderly in this country by helping to publicize the scourge offinancial elder abuse.Whether its fraudulent sweepstakes phone calls, investments,grandparent scams,or the far more insidious deceptions by neighbors, friends, employees, and relatives, such exploitation is rampant and on the rise. According to the Elder Justice Coalition, an advocacy organization, financial abuse costs its victims $2.9 billion a year, and the direct medical costs associated with elder abuse now exceed $5 billion. Watch our video below on financial elder...

Calls for technological neutrality in Financial System Inquiry

April 17th, 2014 by admin | Permalink

The government has published the submissions it has received for the 2014 Financial System Inquiry. Over 200 industry stakeholders, including the Commonwealth Bank of Australia, ANZ, Westpac, Eftpos, and PayPal, have weighed in on the discussion.

A number of submissions call for a balanced approach to new technologies and technological neutrality in the regulation of Australias digital financial services.

One of the nations biggest financial players, the CBA, warned that new technologies introduced potential risks.

In its submission, CBA proposed that a balanced approach must be taken to regulating digital delivery of financial services that will encourage innovation and competition...

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