« Energy and Power
  

Cleveland Clinic launches green revolving fund

The $7.5 million fund called the largest in healthcare


Cleveland Clinic has established a $7.5 million green revolving fund (GRF) to finance energy-efficiency projects across its system, according to an article on the Health Facilities Management website.

The fund is being called the largest of its kind in the healthcare industry.

Green revolving funds are used to invest in energy-efficiency projects to reduce energy consumption.

As funds are spent, they are replenished by reinvesting savings from reduced energy consumption, in addition to any rebates received.

Read the article.

 

 



May 25, 2016


Topic Area: Energy and Power

Recent Posts

Rethinking How Healthcare Facilities Fund Construction Projects

Rising costs and competing priorities are driving healthcare organizations to explore new financing arrangements and construction strategies.

Winners Named for the 15th Annual Healthcare Design Awards

All winners will be honored and the Best of Competition and Transformation and Innovation Award recipients will be announced during a celebration on November 12.

Intermountain Health Breaks Ground on New Children's Hospital in Nevada

Plans call for a 33-acre campus, an approximately 828,600-square-foot hospital with an initial 180-bed inpatient tower that can expand to 228 beds.

Ambulatory Care Facilities Reshape FM Strategies

Facilities management playbooks were written for acute care facilities, but ambulatory sites require a different approach.

Intermountain Foundation Receives $150M Gift for Children's Hospital in Nevada

Intermountain Health Felicia and Ben Horowitz Children’s Hospital is expected to open in 2030 at the UNLV Harry Reid Research and Technology Park in southwest Las Vegas.

 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.