20 Mar '12, 9pm

Wells Fargo invests record $2.8B in environmental projects: Banks have been turning on the tap for green financi...

Wells Fargo invests record $2.8B in environmental projects: Banks have been turning on the tap for green financi...

Wells Fargo & Company invested $2.8 billion in environmental projects in 2011, the company’s largest yearly amount yet, bringing its total green investments to $11.7 billion. It's a sign that banks are opening up more financing for companies working on commercial energy-efficiency projects, renewable-energy projects and more. Wells Fargo counts any business and projects with "direct positive impact on the environment" when adding up environmental loan commitments and tax equity financing. The biggest chunk of Wells Fargo's 2011 environmental investments -- $1.5 billion -- went to green buildings in the form of loans to LEED-certified commercial buildings and community development projects The company announced its commitment to environmental financing in 2005, and Wells Fargo's investments initially were heavily centered on buildings. But since then, it has expanded more i...

Full article: http://www.greenbiz.com/blog/2012/03/20/wells-fargo-inves...

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army.mil 20 Mar '12, 12pm

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decc.gov.uk 23 Mar '12, 11am

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greenroofs.com 23 Mar '12, 4pm

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news.runnersworld.com 22 Mar '12, 9pm

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