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

Medical Outpatient Buildings: 4 Trends Bringing Risk, Opportunity

As healthcare delivery pivots toward outpatient settings to provide care, four trends affect healthcare systems' real estate strategies.

Building Senior Care Facilities for Harsh Temperatures

Going beyond the building code requirements is key for temperature resilience.

Nemours Children's Health Opens the Betty and Jack Demetree Family Center for Otolaryngology

It is a facility that will provide ear, nose and throat (ENT) care to pediatric patients in the region.

Laser Scanning: Reducing Risk in Construction Projects

VDC technology allows teams to define scope based on verified conditions, not on assumptions, reducing change orders and schedule delays.

MOBs Get Smarter and More Complex as Space Pressures Mount

Healthcare facilities teams are turning to data-driven space strategies while adapting to increasingly sophisticated building demands.

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