Austin, Texas-based Noesis Energy, which combines data services, energy analytics and industry expertise to help professionals track energy performance and identify opportunities to reduce usage and costs via the web, now connects its users—building managers, energy consultants and manufacturers—with financial institutions that specialize in efficiency lending. Noesis Energy’s goal is to jumpstart spending on critical energy-saving investments by commercial and industrial businesses.
Noesis Energy has signed up four energy-efficiency financing firms that, collectively, have access to billions of dollars in investment capital. The range of financing options currently offered by this initial syndicate of lenders includes capital and operating leases, efficiency services agreements, managed energy services agreements and property-assessed clean energy financing.
“Not unlike what is happening in the solar finance market, experts and industry groups, have identified billions of dollars that could be made available to fund projects if there were fewer barriers to energy-efficiency capital and more data about qualifying projects and opportunities,” says Scott Harmon, CEO of Noesis Energy. “Lenders look for projects that will deliver a predictable ROI that’s based on thorough and grounded savings calculations. We can help our users present their projects to financiers using a standardized and scientific framework, so lenders can quickly and easily evaluate projects and confidently calculate a realistic return on their investment.”
Access to Noesis Energy’s syndicate of lenders is available to the registered users of Noesis, as well as for customers of Noesis Pro, Noesis’ premium set of SaaS offerings for large corporations, equipment manufacturers and energy services firms. For efficiency-finance lenders, Noesis provides a marketing channel through which they can cost-effectively offer investment vehicles and other capital products to Noesis users.
For more information, visit www.noesisenergy.com.
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