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

Wider View: Planning LED Upgrades Across a Healthcare Portfolio

Upgrade planning has to start with a systemwide, portfolio approach rather than a site-by-site mindset.

Cone Health Plans Hospital in Forsyth County of North Carolina

The 198,593 square-foot facility will be in southeast Forsyth County.

Carvel Autism Health to Open New Therapy Clinic in Altoona, Iowa

The clinic features colorful, sensory-friendly spaces where children work one-on-one with therapists.

Cleanliness in Hospitals: Clinical Priority and Community Perception

EVS managers and communities value cleanliness for complementary reasons: managers for safety and compliance, communities for trust and comfort.

Dana-Farber Receives $50M Gift for Planned Cancer Hospital

A $50 million grant from the Yawkey Foundation will support construction of Dana-Farber Cancer Institute’s planned 450,000-square-foot cancer hospital.

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.

Job Board ‐ Available Jobs

Experienced Senior Maintenance Tech »