Phius, the leading non-profit advancing high-performance passive building as the standard for a zero-carbon future, today announced the appointment of Robert "A.J." Patton to its board of directors. Patton, a proven leader in sustainable development and CEO of 548 Capital LLC, brings over a decade of experience in finance and real estate to bolster Phius' mission of making passive building the new standard.
CHICAGO, June 24, 2024 /PRNewswire-PRWeb/ -- Phius, the leading non-profit advancing high-performance passive building as the standard for a zero-carbon future, today announced the appointment of Robert "A.J." Patton to its board of directors. Patton, a proven leader in sustainable development and CEO of 548 Capital LLC, brings over a decade of experience in finance and real estate to bolster Phius' mission of making passive building the new standard.
In 2016, Patton founded 548 Enterprise LLC and its subsidiaries (548 Development, 548 Capital and 548 Foundation). The minority-owned firm exemplifies Patton's commitment to tackling complex challenges and addressing social and environmental issues in underinvested communities. Through the Solar Chicago Fund and other initiatives, it brings renewable energy, affordable housing, and workforce training opportunities to these areas, empowering residents and businesses for a sustainable future.
"Phius is at the forefront of creating a more sustainable future for the built environment, and I'm thrilled to join the board and contribute my expertise," said A.J. Patton. "I believe my experience in financing and developing affordable housing projects, particularly those focused on social impact and renewable energy, will be valuable as Phius continues to grow its reach and impact."
This announcement follows 3 years of collaboration between Phius and Patton's firm, with 548 Development currently developing several Phius Design Certified mixed-use and mixed-income housing projects in Chicago that will cater to young families and professionals, prioritizing resident and community well-being by creating climate-resilient healthy living environments, and reducing energy consumption and costs.
"We are delighted to welcome A.J. to the Phius Board of Directors," said Katrin Klingenberg, Executive Director and Co-Founder of Phius. "His extensive experience in finance, real estate development, and passion for creating a sustainable future for all, aligns perfectly with Phius' mission. We look forward to A.J.'s contributions as we continue to drive the adoption of energy-efficient building practices in Chicago and across North America."
Learn more about Phius and the future of passive building by visiting www.phius.org/passive-building/what-passive-building. Images can be found HERE.
About A.J. Patton
Robert "A.J." Patton is an accomplished finance, sales, and capital markets expert with over a decade of experience in investment banking, endowment management, and real estate development. He is the founder and CEO of 548 Capital, LLC, a firm focused on social impact investments, and the 'Solar Chicago Fund.' Patton is a recognized leader in sustainable development and has been named Midwest Energy "40 under 40," an American Council on Renewable Energy - Accelerate member, and Chicago Business Leadership Council Banking & Finance Co-chair, among other recognitions. Learn more about AJ's story in his Fortune feature.
About Phius
Phius is a non-profit 501(c)(3) organization committed to decarbonizing the built environment by making high-performance passive building the mainstream market standard. We train and certify professionals, maintain and update the Phius climate-specific passive building standard, certify and quality assure passive buildings, certify high-performance building products, and research to advance high-performance building.
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SOURCE Phius
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