Sustainable and Verifiable Energy Savings
Our Previous Experience
To date, we have designed and administered 5 programs under the SAVES platform in 4 states. SAVES Green Community Fund will take the Platform to all 12 states across the Southern United States.
Alabama SAVES Revolving Loan Program
Managed a $65MM Revolving Loan Fund for Industrial Commercial and Non-profit projects in the State of Alabama from the States 2009 American Recovery and Reinvestment Act allocation, Applied $28.1M in funding for 110 Projects totaling $275MM in Project Cost
Estimated Reduction: 78k metric tons of CO2
Virginia SAVES Green Community Program
Managed the Commonwealth's Qualified Energy Conservation Bond Allocation under the 2008 Energy Improvement and Extension Act. Deployed $58M for energy conservation measures across 13 projects.
Estimated Reduction: 21k metric tons of CO2
North Carolina SAVES Green Community Program
Deployed $40M in Qualified Energy Conservation Bonds, supporting $112m in total Project Funding. Provided the State with an Energy Positive Class A commercial Building
Estimated Reduction: 2,3k metric tons of CO2
"Energy Positive" Building
South Carolina SAVES Green Community Program
Managed the State's Qualified Energy Conservation Bond Allocation under the 2008 Energy Improvement and Extension Act. Deployed $13M for energy conservation measures across 4 projects.
Estimated Reduction: 2,5k metric tons of CO2
North Carolina Agricultural Green Community Program
Deployed $36M in installed energy conservation measures across 4 rural/farm projects in the State of North Carolina.
Estimated Reduction: 42k metric tons of CO2
SAVES Green Community Fund
We are now taking our 15 years of experience and relationship building to deploy NCIF funding to the states across the Southern United States: Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas, Virginia, West Virginia
Sustainable and Verifiable Energy Savings
Our Previous Experience
To date, we have designed and administered 5 programs under the SAVES platform in 4 states. SAVES Green Community Fund will take the Platform to all 12 states across the Southern United States.
Alabama SAVES Revolving Loan Program
Managed a $65MM Revolving Loan Fund for Industrial Commercial and Non-profit projects in the State of Alabama from the States 2009 American Recovery and Reinvestment Act allocation, Applied $28.1M in funding for 110 Projects totaling $275MM in Project Cost
Estimated Reduction: 78k metric tons of CO2
Virginia SAVES Green Community Program
Managed the Commonwealth's Qualified Energy Conservation Bond Allocation under the 2008 Energy Improvement and Extension Act. Deployed $58M for energy conservation measures across 13 projects.
Estimated Reduction: 21k metric tons of CO2
North Carolina SAVES Green Community Program
Deployed $40M in Qualified Energy Conservation Bonds, supporting $112m in total Project Funding. Provided the State with an Energy Positive Class A commercial Building
Estimated Reduction: 2,3k metric tons of CO2
"Energy Positive" Building
South Carolina SAVES Green Community Program
Managed the State's Qualified Energy Conservation Bond Allocation under the 2008 Energy Improvement and Extension Act. Deployed $13M for energy conservation measures across 4 projects.
Estimated Reduction: 2,5k metric tons of CO2
North Carolina Agricultural Green Community Program
Deployed $36M in installed energy conservation measures across 4 rural/farm projects in the State of North Carolina.
Estimated Reduction: 42k metric tons of CO2
SAVES Green Community Fund
We are now taking our 15 years of experience and relationship building to deploy NCIF funding to the states across the Southern United States: Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas, Virginia, West Virginia
Sustainable and Verifiable Energy Savings
Our Previous Experience
To date, we have designed and administered 5 programs under the SAVES platform in 4 states. SAVES Green Community Fund will take the Platform to all 12 states across the Southern United States.
Alabama SAVES Revolving Loan Program
Managed a $65MM Revolving Loan Fund for Industrial Commercial and Non-profit projects in the State of Alabama from the States 2009 American Recovery and Reinvestment Act allocation, Applied $28.1M in funding for 110 Projects totaling $275MM in Project Cost
Estimated Reduction: 78k metric tons of CO2
Virginia SAVES Green Community Program
Managed the Commonwealth's Qualified Energy Conservation Bond Allocation under the 2008 Energy Improvement and Extension Act. Deployed $58M for energy conservation measures across 13 projects.
Estimated Reduction: 21k metric tons of CO2
North Carolina SAVES Green Community Program
Deployed $40M in Qualified Energy Conservation Bonds, supporting $112m in total Project Funding. Provided the State with an Energy Positive Class A commercial Building
Estimated Reduction: 2,3k metric tons of CO2
"Energy Positive" Building
South Carolina SAVES Green Community Program
Managed the State's Qualified Energy Conservation Bond Allocation under the 2008 Energy Improvement and Extension Act. Deployed $13M for energy conservation measures across 4 projects.
Estimated Reduction: 2,5k metric tons of CO2
North Carolina Agricultural Green Community Program
Deployed $36M in installed energy conservation measures across 4 rural/farm projects in the State of North Carolina.
Estimated Reduction: 42k metric tons of CO2
SAVES Green Community Fund
We are now taking our 15 years of experience and relationship building to deploy NCIF funding to the states across the Southern United States: Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas, Virginia, West Virginia
SAVES Green Community Fund Sustainable and Verifiable Energy Savings
The core funding product provided by the SAVES Fund is in the form of Participating Interests in third-party loans made by Private Lenders to finance Qualified Projects.
Benefits to Private Lenders
The Fund is participating on a pari pasu basis with the Private Lender until an event of default, where the Fund’s Participating Interest subordinates to the Private Lender’s interest
Benefits to Borrowers
The Interest on the Participating Interest will typically be 2-3% below the face rate on the Participating Loan, but certain projects may be eligible for low single digit rates
The Fund expects to participate in development loans, equipment and interconnect procurement loans, construction loans, bridge loans to tax credits, permanent loans, and construction/mini-term loans provided by its Private Lender Partners
SAVES Green Community Fund Sustainable and Verifiable Energy Savings
The core funding product provided by the SAVES Fund is in the form of Participating Interests in third-party loans made by Private Lenders to finance Qualified Projects.
Benefits to Private Lenders
The Fund is participating on a pari pasu basis with the Private Lender until an event of default, where the Fund’s Participating Interest subordinates to the Private Lender’s interest
Benefits to Borrowers
The Interest on the Participating Interest will typically be 2-3% below the face rate on the Participating Loan, but certain projects may be eligible for low single digit rates
The Fund expects to participate in development loans, equipment and interconnect procurement loans, construction loans, bridge loans to tax credits, permanent loans, and construction/mini-term loans provided by its Private Lender Partners
SAVES Green Community Fund Sustainable and Verifiable Energy Savings
The core funding product provided by the SAVES Fund is in the form of Participating Interests in third-party loans made by Private Lenders to finance Qualified Projects.
Benefits to Private Lenders
The Fund is participating on a pari pasu basis with the Private Lender until an event of default, where the Fund’s Participating Interest subordinates to the Private Lender’s interest
Benefits to Borrowers
The Interest on the Participating Interest will typically be 2-3% below the face rate on the Participating Loan, but certain projects may be eligible for low single digit rates
The Fund expects to participate in development loans, equipment and interconnect procurement loans, construction loans, bridge loans to tax credits, permanent loans, and construction/mini-term loans provided by its Private Lender Partners
OUR TEAM
Meet With The Team
The Principals have brought their collective 45+ years of experience developing underwriting programs and green energy and sustainability project development to work towards funding greenhouse gas reduction projects in the Southern United States.
Greg Montgomery
Founder, Board of Directors
Shannon Smith
Founder, Board of Directors
Tom Coan, CFA
Chief Operating Officer
Bailey Sanders
Director of Operations
Greg Montgomery
Founder, Board of Directors
Shannon Smith
Founder, Board of Directors
Tom Coan, CFA
Chief Operating Officer
Bailey Sanders
Director of Operations
134
Projects Completed
$275M
Green Measures Funded
$632M
Total Project Cost
15+
Years Experience
134
Projects Completed
$275M
Green Measures Funded
$632M
Total Project Cost
45+
Years Experience