innovations in energy efficiency implementation & finance
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Innovations in Energy Efficiency Implementation and Finance
Jeffrey EckelPresident and CEO
HANNON ARMSTRONG
Hannon Armstrong Capital,
LLC is a 31-year-old,
Annapolis, Maryland based
investment and merchant
bank focused on providing
financing for energy and
infrastructure investments in
the United States.
Hannon Armstrong ExperienceTransactions across the United States
Locations of representative transactions financed by Hannon Armstrong
State & Local (S&L) is the Oldest of the Financed EE Markets
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Millions $/Year The original
innovation in EE Finance was the Tax-Exempt Lease
Balance sheet concerns of T-E Obligors is giving rise to the Service Contract -- at a higher cost of capital
Federal Market has the Greatest Scalability Potential
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Federal ESPC Grew to a $500m market when securitization vehicles like our Hannie Mae commenced.
If and When Congress expands ESPC to include Mobile Assets, the Federal Market Will grow ten-fold
Millions $/Year
The Commercial Market Remains a Challenging Market to Achieve Scale Finance Models
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Hannon is pursuing Unsecured portfolio models for Commercial Office Buildings. It has promise but not scale.
On-Bill financing would solve many of the Security Interest Issues.
PACE remains the best way to solve Security Interest issues…if only it were possible
Millions $/Year
Hannon Armstrong Capital, L.L.C.1997 Annapolis Exchange
Suite 520Annapolis, MD 21401
410.571.9860Hannonarmstrong.com
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