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Financing Net Zero: Alternative Financing
Reaching Net-Zero within the next few decades is vital if the world is to limit global warming below 2°C. Many organizations and governments have stepped forward to set GHG reduction targets and Net-Zero commitments, however, routes to secure funding necessary to meet these goals are not always clear. Alternative financing models with Energy Service Companies (ESCOs) provide an innovative way for businesses to implement energy projects where capital may be limited.
On April 13, Partners in Project Green (PPG) was joined by Ameresco, SOFIAC & Efficiency Capital for a finance-focused, hybrid workshop designed to bust myths on how Energy Service Companies (ESCOs) work, the costs involved, and what happens in projects don’t go to plan.
Click here to hear what participants had to say!
Presentations
Please view Ameresco, SOFIAC and Efficiency Capital’s presentations to better understand the opportunities available and risks involved for your organization.
Webinar Recording
Speakers
Steve is responsible for all Distributed Energy Resource (DER) and other asset development and deployment in Canada.
He is a proven, results-driven leader, specializing in the delivery of large-scale, clean energy technologies, including solar PV and battery storage systems.
Steve is also dedicated to the development and delivery of Climate Action projects. He is consistently supporting his customers, to discover decarbonization opportunities and modernize their energy infrastructure with clean generation and advanced systems that support the grid, tackle GHG emissions and provide energy costs relief.
He holds a thorough understanding of various legislative policies and programs directed at improving energy efficiency and addressing climate change.
Erin Ellis is the Development Director for Efficiency Capital. With a professional background in Innovation Policy, Sustainable Finance, and International Trade, Erin brings 10 years of experience initiating and designing changes that contribute to the wellbeing of organizations.
Efficiency Capital was incubated by The Atmospheric Fund (TAF) to accelerate third-party investments in energy upgrades to achieve reduced energy costs, decreased carbon footprint, and improved social benefits. They have partnered with various community and philanthropic foundations, as well as lending institutions whose mission and mandates align.
Stuart has managed the successful investment and delivery of over $15 billion of infrastructure assets delivered through alternative project finance structures. Grown three national advisory practices in Canada, all within the infrastructure and energy sector, including offerings around energy sustainability and carbon reduction. He has developed and implemented new and innovative financing structures across Canada, to develop new infrastructure delivery models. Through effective decision making with execution abilities, he consistently produces exceptional positive results for businesses.
Stuart has recently transitioned from his role as the CEO for Energy Services Association of Canada to Executive Vice President of SOFIAC, prior to that he was the National lead for a Big 4 Capital and Infrastructure Project Solutions practice providing expertise for strategic capital planning, deal structuring and procurement advice derived from over 25 years in infrastructure and project finance. Stuart’s advisory roles include expertise of the UK, European and Canadian infrastructure markets, across both the public and private sectors.
Stuart is the Treasurer and Board member for the Clean Air Partnership, the Chair of the Audit Committee and Board Member for the Toronto Atmospheric Fund.
Related Links
For more information on energy performance, visit our Energy Leaders Consortium page or contact matt.brunette@trca.ca.
To join us for Part 2 of this Financing Net Zero series, please visit Financing Net Zero: Incentives to register.