Wednesday, March 19, 2014 No Region Specified
Source: Crain's New York
In 2010, Donnel Baird grew increasingly frustrated while working for a coalition of labor and environmental groups in Washington, D.C., to promote residential energy efficiency and sustainability projects. In the process, he discovered how difficult it was for entrepreneurial businesses, nonprofits, churches and other small enterprises to find backers such as banks willing to fund their efforts to install solar power or energy-conservation technologies. "The transaction costs and the risks were too high," he said.