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

Building Sustainable Healthcare for an Aging Population

Traditional responses — building more primary and secondary care facilities — are no longer sustainable.

Froedtert ThedaCare Announces Opening of ThedaCare Medical Center-Oshkosh

The organization broke ground on the health campus in March 2024.

Touchmark Acquires The Hacienda at Georgetown Senior Living Facility

The facility will now be known as Touchmark at Georgetown.

Contaminants Under Foot: A Closer Look at Patient Room Floors

So-called dust bunnies on hospital room floors contain dust particles that turn out to be the major source of the bacteria humans breathe.

Power Outages Largely Driven by Extreme Weather Events

Almost half of power outages in the United States were caused by extreme weather events.

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

Recent Jobs For Facility Professionals