Minnesota real estate developer tackles 'beyond ambitious' energy retrofit

This post originally appears on our sister publication, Utility Dive . Our mission is to provide busy professionals like you with a bird's-eye-view of the utilities industry in 60 seconds. To subscribe to our daily newsletter click here. Dive Brief: Madison Equities' comprehensive energy retrofit of three buildings in downtown St. Paul, Minn., will save enough energy to power a small town, according to Minnesota Public Radio. The $12.5 million retrofit tackles the iconic First National Bank building, U.S. Bank, and 375 Jackson properties. Xcel Energy kicked in about $1 million in rebates, but the bulk of the project financing came through Minnesota's Property Assessed Clean Energy loan program. Dive Insight: Access to creative financing has allowed for a retrofit project in downtown St. Paul that one Xcel official called "beyond ambitious." According to Finance & Commerce ...

Full article: http://www.sustainablecitiescollective.com/utility-dive/1...

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Minnesota real estate developer tackles ambitio...

This post originally appears on our sister publication, Utility Dive . Our mission is to provide busy professionals like y...

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