MuniMae acquires Renewable Ventures LLC
I’m hearing this is a match made in cleantech heaven. MuniMae, a major provider of debt and equity financing for real estate developers, has purchased clean-energy project financer/operator Renewable Ventures LLC. (See this post about RV’s launch in February of a $100-million U.S. fund). The buzz about this deal, according to a Red Herring story, is that it will accelerate the availability and increase the options for financing clean-energy projects for businesses and other organizations. Perhaps it will also trigger similar deals/arrangements in the U.S. and even Canada.
Tyler Hamilton is editor-in-chief of Corporate Knights magazine and a business columnist for the Toronto Star, Canada's largest daily newspaper. In addition to this Clean Break blog, Tyler writes a weekly column of the same name that discusses trends, happenings and innovators in the clean technology and green energy market. This blog is a personal project started in April 2005. It is not an official blog of the newspaper.
