Advanced Energy Capital Signs Financing Deal with Village Green Global to Provide $15 Million for Energy Efficiency and Carbon Reduction Installations in North America
New York, NY (PRWEB) October 31, 2014 -- Advanced Energy Capital, LLC (“AEC”), an energy finance company led by Jack Doueck and Richard Rudy, has announced the signing of a Letter Agreement with Village Green Global to finance up to $15,000,000 in energy efficiency and related installations in North America.
“We consider AEC’s financing offering to be a perfect fit for our Commercial and Industrial customer base. Messrs. Doueck and Rudy and their team understand our goals and their flexibility and creativity helped make this happen. Given their partnership with Greenbacker Group and Greenbacker’s $1.5 billion raise for green energy finance, we are optimistic that this is the first of many deals to come,” said Doug Smith, CEO of Village Green Global.
The first group of transactions – energy efficiency installations in the California market – are expected to fund in November of this year. VGG’s focus is to save customer’s considerable energy costs and help them lower their building’s carbon emission foot print.
"AEC continues to screen a wide range of opportunities including Geothermal Ground Loop, energy efficiency and energy storage projects and we enthusiastically welcome VGG and expect this to be the beginning of a fruitful relationship with Doug and his team." said Rick Rudy, principal of AEC.
“The powerful combination of VGG’s auditing and carbon-reduction expertise, and AEC’s credit, finance and structuring expertise should help make a huge impact on carbon reduction," said Jack Doueck, principal and co-founder of AEC. “We view Village Green Global as an innovator in the Energy Efficiency space, and are pleased to assist in their efforts to offer a ‘turn-key’ solution for the end-users which they expect will open the door to exponential growth.”
About AEC
AEC is a specialty finance firm dedicated to providing affordable and innovative financing solutions to Energy Efficiency, Energy Storage, Renewable Energy and Retail Energy businesses. AEC’s flexibility allows it to focus on small and medium size businesses and its capital pool permits it to fund significant projects and pipelines of opportunity. AEC’s finance clients have tapped into both senior as well as junior tranches of capital to jump-start their growth. With respect to Energy Efficiency and Energy Storage, AEC has developed unique and simple end-user turnkey financing solutions that enable energy firms to dramatically increase their revenues by offering customers embedded financing without up-front payments.
About Village Green Global:
Village Green Global provides environmental advisory, reporting and education to support a better business and improved bottom line performance. We are a consulting house whose core business involves focusing on improving the profitability of business operators by understanding their environmental impacts. This approach has positioned Village Green as one of only a few private companies that can demonstrate measurable savings to business, greater capacity to connect with community and dramatic environmental reduction outcomes for stakeholders.
For more information contact Doug Smith, CEO and Founder - Village Green Global Inc. Email: doug(at)villagegreenglobal(dot)com
Jack Doueck, Advanced Energy Capital, http://www.advancedenergycap.com, +1 (347) 799-1685 Ext: 207, [email protected]
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