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

Healthcare and Resilience: A Pledge for Change

Climate resilience and reducing environmental impact drive voluntary program targeting hospitals.

Texas Health Resources Announces New Hospital for North McKinney

Expected to open in 2028, the hospital will feature 60 beds initially with plans to double in capacity to accommodate for future community growth.

Cedar Point Health Falls Victim to Data Breach

Cedar Point Health has no evidence directly linking this incident to specific incidents of financial fraud or identity theft.

Fire Protection in Healthcare: Why Active and Passive Systems Must Work as One

Sprinklers, smoke compartments and firestopping can form an interdependent safety strategy.

Cleveland Clinic Hits Key Milestones for Palm Beach County Expansion

These include plans to begin demolition of current structure and hospital site preparation in 2026 and open the outpatient center and ambulatory surgery center in 2027.

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

Facilities Manager with Eurofins Portage Site »

Property Management Positions Available ASAP »