« 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

Going Solar with No Upfront Costs

300 kW solar system and roof upgrade delivered with no upfront cost for medical center association.

Northwell Health Finds Energy Savings in Steam Systems

Case study: A proactive steam trap maintenance program is delivering millions in savings, fast payback and measurable carbon reductions across one of the nation’s largest health systems.

Endeavor Elmhurst Hospital Opens New 16-Bed Patient Observation Unit

The new patient unit marks the first completed project in a major campus expansion.

Sustainability as a Baseline in Healthcare Facilities

Hospitals can balance costs, build resilience and learn from global models for sustainable design to further their green goals.

Penobscot Valley Hospital Reports Data Security Incident

It immediately implemented its incident response procedures, took steps to secure systems and hired third-party forensic specialists to assist with an investigation.

 
 


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.