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

Every Detail Matters: A Patient's Story of Healing, Hope and Healthcare Facilities

In the Facilities in Focus season finale, 11-year-old Kendalynn and her mother share how Intermountain Primary Children’s Hospital became more than a place for care.

Geisinger Wyoming Valley Medical Center Tops Off New 11-Story Tower

The expansion will improve the patient experience by transitioning the hospital to all private patient rooms while significantly increasing clinical capacity.

PAM Health Announces Plans for Medical Rehabilitation Hospital in North Carolina

PAM Health Rehabilitation Hospital of Greensboro will be one of four new PAM Health inpatient rehabilitation hospitals currently planned in the state.

3 Ways to Minimize Disruption During Construction in Healthcare

Addressing potential construction challenges requires close collaboration among owners, facility managers, administrators, subcontractors and crews.

St. Luke's University Health Network to Open Heart Hospital in October

The new Heart Hospital adds 140 beds and nearly doubles the size of the Anderson Campus yet again.

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