RECURRENT Building Intelligence LLC, a full-service facilities management firm specializing in building automation and energy management systems, has partnered with Noesis Energy to expand its energy efficiency offerings to include financing options customized for its clients’ needs. Among the new offerings are PACE (Property Assessed Clean Energy), capital leases, municipal leases, and ESA (Energy Service Agreements).
“All energy efficiency projects require funding, but with capital budgets shrinking, we too often find the most compelling, green, energy-saving initiatives on the cutting-room floor,” said Chris Bloyer, chief operating officer at RECURRENT. “By working with Noesis, we can offer financing options that provide budget flexibility and enable positive cash flow. This means we can increase sales, save our clients real dollars from day one, and positively impact our environment.”
Like many efficiency project developers, RECURRENT finds that one of the biggest hurdles is getting a project funded. Through access to Noesis Financing Services, RECURRENT can provide attractive financing alternatives that overcome capital budget constraints using solutions that are immediately cash-flow positive.
“Paving the way for energy efficiency projects is a win for everyone,” said Bloyer. “Our customers save money while reducing their carbon footprint, and we are able to add good green jobs to the local economy. We appreciate the services Noesis has to offer, which will enable more projects to get off the ground, and quickly”.
HOW NOESIS EFFICIENCY PROJECT FINANCING WORKS
CFOs and building owners often do not have the budget available to invest in energy efficiency projects, so energy efficiency professionals must include options for third-party financing with their project proposals if they want to overcome cash constraints and get their project proposals approved. Noesis makes financing efficiency projects simple by providing essential finance services to its customers. Noesis’ team of project finance specialists helps during the entire proposal process – from analyzing project details and working with lenders to presenting financing options to the CFO or building owner. Each Noesis customer has a dedicated project finance specialist and receives unlimited phone and email support from the Noesis project finance help desk. With Noesis, efficiency pros can include financing options in all of their proposals, helping them win more deals and do more energy projects.
ABOUT RECURRENT Building Intelligence
RECURRENT operates and maintains facilities using a business process designed to maximize a building’s financial bottom line and significantly improve occupant comfort. Our staff of highly trained engineers offers expertise in equipment-specific predictive and preventive maintenance programs; customized building automation and monitoring; best-value risk vs. reward energy procurement strategies and demand-response strategies; and owner’s representation on major project management assignments. For more information, visit www.re-current.net.
ABOUT NOESIS ENERGY
Noesis Energy helps efficiency professionals get more projects approved and implemented by providing turnkey financing services and SaaS-based software tools to accelerate and streamline their efficiency project analysis and proposals. Noesis Energy is backed by Black Coral Capital and Austin Ventures, and maintains offices in Austin, Texas and Cambridge, Ontario, Canada. For more information, visit www.noesisenergy.com and follow @noesisenergy. Learn how the Noesis Energy platform works here. Use our site to find incentives at incentives.noesisenergy.com.