Built environment

Cambia Capital Announces Successful Initial Close of Douglas Fir Fund with $20 Million AUM

Retrieved on: 
Wednesday, April 3, 2024
ESG, Like a Boss (film), Fund, Built environment, Pacific Northwest, Investment

SEATTLE, April 3, 2024 /PRNewswire/ -- Cambia Capital, a pioneering force in impact real estate and finance, is excited to announce the successful initial close of its Douglas Fir Fund (Fund) with $20 million of initial investment.

Key Points: 
  • SEATTLE, April 3, 2024 /PRNewswire/ -- Cambia Capital, a pioneering force in impact real estate and finance, is excited to announce the successful initial close of its Douglas Fir Fund (Fund) with $20 million of initial investment.
  • The Fund will immediately begin deploying invested capital.
  • The Fund, a $200 million alternative investment vehicle with a 5-to-7-year fund life, is designed to issue cash flow distributions and recycle capital contributions throughout its investment period.
  • If you are a development team in search of project equity or debt, please contact the Cambia Capital team .

Clutch City Passive Makes History as First Phius Certified Passive Project in Houston

Retrieved on: 
Monday, April 1, 2024
ASHRAE, Beauty, Climate change, Built environment, History, HERE, Environment, Fire

CHICAGO, April 1, 2024 /PRNewswire-PRWeb/ -- Last month, Clutch City Passive made history as Houston's first Phius-certified passive project, representing a fortified commitment to climate change mitigation in the built environment. In regions like the Southwest, Phius' climate-specific standards are the industry model for efficiency and sustainability. Uniquely designed with the grid in mind, they provide necessary energy independence and significantly less strain than traditional buildings.

Key Points: 
  • CHICAGO, April 1, 2024 /PRNewswire-PRWeb/ -- Last month, Clutch City Passive made history as Houston's first Phius-certified passive project, representing a fortified commitment to climate change mitigation in the built environment.
  • Clutch City Passive, featuring two shared-wall townhouses, is certified by Phius, showing Houston a path towards a more resilient and adaptable built environment.
  • The Phius Standard is the only standard customized to fit Clutch City Passive's unique Houston climate, making it the leading standard for energy-efficient construction, no matter the environment.
  • Clutch City Passive is an example in the Southwest for the built environment to follow, showcasing innovative solutions to climate change effects.

BOMA International Releases Carbon Challenge Results; U.S. Commercial Real Estate Sector Making Progress in Reducing Emissions

Retrieved on: 
Wednesday, March 27, 2024
Carbon, Challenge, Organization, Government, Built environment, Environment, International, BOMA, Building, Advocacy, Property management

WASHINGTON, March 27, 2024 /PRNewswire-PRWeb/ -- Hundreds of properties across the country are participating in the Challenge, and from 2022 to 2023, participating buildings experienced a year-over-year reduction in total emissions, emissions intensity, and total energy consumption. The take-away statistic: participating buildings in the U.S. reduced their total emissions by 3.84% in a single year.

Key Points: 
  • The Building Owners and Managers Association (BOMA) International released the first results from the BOMA Carbon Reduction Challenge, revealing that the commercial real estate industry is making progress in reducing building emissions.
  • The take-away statistic: participating buildings in the U.S. reduced their total emissions by 3.84% in a single year.
  • "We want to support ongoing voluntary efforts and recognize the successes of the commercial real estate industry in reducing carbon emissions in the built environment."
  • BOMA congratulates and thanks the properties participating in the Challenge for their demonstration of the commercial real estate industry's commitment to reducing carbon emissions on a voluntary basis.

S2G Ventures Announces Bala Nagarajan as Managing Director of Energy Investment Team

Retrieved on: 
Wednesday, March 27, 2024
Citigroup, Attention, Energy transition, Built environment, Software as a service, NextEra Energy, MBA, PwC, Investment, Lehman Brothers, Arthur Andersen, Renewable energy

CHICAGO, March 27, 2024 /PRNewswire/ -- S2G Ventures ("S2G"), a multi-stage investment firm focused on venture and growth-stage businesses, today announced Bala Nagarajan as managing director of its energy team. Working alongside managing director Francis O'Sullivan, Nagarajan will support S2G's efforts to catalyze capital toward companies that are mainstreaming the energy transition through clean power, mobility, industrial decarbonization and the built environment.

Key Points: 
  • CHICAGO, March 27, 2024 /PRNewswire/ -- S2G Ventures ("S2G"), a multi-stage investment firm focused on venture and growth-stage businesses, today announced Bala Nagarajan as managing director of its energy team.
  • I am thrilled to be joining the passionate team at S2G to support their work in decisively tackling the limitations posed by today's market structures to unlock the full potential of the energy transition," said Bala Nagarajan, Managing Director at S2G.
  • Bala Nagarajan is a Managing Director for the Energy Investment Team.
  • Prior to joining S2G, Bala served as a Managing Director at NextEra Energy, where he led the Climate Tech Ventures team.

SOCOTEC Teams Up with Bisnow to Confront Carbon Emissions in the Built Environment and Explore a Safer and Sustainable Future

Retrieved on: 
Wednesday, March 27, 2024
Carbon, Principal, Studio B, Built environment, TIC, Benchmarking, ESG, Security (finance), Local, ASHRAE, Certification, City, Atmosphere, Engineering, Renewable energy

SOCOTEC Teams Up with Bisnow to Confront Carbon Emissions in the Built Environment & Explore a Safer Sustainable Future

Key Points: 
  • SOCOTEC Teams Up with Bisnow to Confront Carbon Emissions in the Built Environment & Explore a Safer Sustainable Future
    Nearly 42% of all carbon released into the air stems from global building emissions.
  • As the industry increasingly recognizes the significance of embodied carbon, SOCOTEC stands at the forefront, guiding owners, and project teams towards sustainable practices.
  • To effectively tackle embodied carbon emissions, SOCOTEC conducts comprehensive whole-building life cycle assessment.
  • With a diverse portfolio encompassing various asset types globally, SOCOTEC is actively involved in projects aimed at improving sustainability and reducing carbon emissions.

EIMA Unveils Esteemed Recipients of 2023 EIFS Architectural Awards

Retrieved on: 
Wednesday, March 27, 2024
Museum, Built environment, Wave, Carbon, Wood, CO, Hospital, ID, Artisan, Game, Multimedia

FALLS CHURCH, Va., March 27, 2024 /PRNewswire/ -- The EIFS Industry Members Association (EIMA) proudly announces the distinguished winners of the 2023 EIFS Architectural Awards .

Key Points: 
  • FALLS CHURCH, Va., March 27, 2024 /PRNewswire/ -- The EIFS Industry Members Association (EIMA) proudly announces the distinguished winners of the 2023 EIFS Architectural Awards .
  • The awards celebrate exceptional projects clad with exterior insulation and finish systems (EIFS), renowned for their superior performance, sustainability, durability, and aesthetic flexibility in building envelope solutions.
  • Now entering its sixth year, the EIFS Architectural Awards program has garnered 250 entries, standing as the premier competition exclusive to the EIFS industry.
  • Esteemed architects, who previously attained the highest honors in the EIFS Architectural Awards, comprise the judging panel.

Renew Energy Partners Announces Launch of Fourth Investment Vehicle, Expands Relationship with Mitsubishi HC Capital America

Retrieved on: 
Tuesday, March 26, 2024
Principal, Electricity, Temperature, Built environment, Organization, Growth, Heat, Mitsubishi Group, Gasoline, Refrigeration, Acquisition, Transport, Intelligence, Carbon, Senior, HVAC, PCM, Security, Multimedia, CCHP, BESS, Renewable energy

BOSTON, March 26, 2024 /PRNewswire/ -- Renew Energy Partners ("RENEW") announced today the financing of its fourth investment vehicle—Renew Energy Efficiency Projects 4, ("EEP4").

Key Points: 
  • BOSTON, March 26, 2024 /PRNewswire/ -- Renew Energy Partners ("RENEW") announced today the financing of its fourth investment vehicle—Renew Energy Efficiency Projects 4, ("EEP4").
  • The special purpose entity has executed a Master Revolving Loan and Security Agreement (MRLSA) with Mitsubishi HC Capital America, Inc.
  • "We're proud to further develop our relationship with RENEW by establishing a credit facility for EEP4," said Stéphane Arsenault, Senior Vice President of Sustainable Development Finance at Mitsubishi HC Capital America.
  • Mitsubishi HC Capital America partners with equipment manufacturers, dealers and distributors, as well as end customers, in providing customized financial solutions, including transportation and commercial finance.

Built Green Canada Announces Winners in Inaugural Maverick Awards

Retrieved on: 
Monday, March 25, 2024
Maverick, Housing Corporation, Electricity, Certification, Built environment, Excel Homes, ICF, Insurance, AB, The Travelers Companies, Orion, Housing, Creativity, Alberta Innovates, BC Housing Management Commission, Natural Resources Canada

EDMONTON, AB, March 25, 2024 /CNW/ - In conjunction with title sponsor, BC Housing , Built Green Canada announces winners in their inaugural Maverick Awards.

Key Points: 
  • EDMONTON, AB, March 25, 2024 /CNW/ - In conjunction with title sponsor, BC Housing , Built Green Canada announces winners in their inaugural Maverick Awards.
  • The Maverick Awards are another step forward in Built Green Canada's mission to progress sustainability practices and recognize leadership.
  • From this, they created the non-profit organization, Built Green Canada, with founding member, Jayman BUILT, in collaboration with the Canadian Home Builders' Association, Canada Mortgage and Housing Corporation, the Alberta Research Council, Natural Resources Canada, Climate Change Central, and other key stakeholders.
  • Built Green Canada is a national, non-profit organization working with builders interested in responsible sustainability practices in the residential building sector.

UL Solutions Supports Marine Fire Safety as Independent Laboratory for U.S. Coast Guard Approved Fire Detection Equipment

Retrieved on: 
Friday, March 22, 2024
Emergency, Temperature, Register, United States Coast Guard, Humidity, Built environment, Coast guard, Code, Safety

NORTHBROOK, Ill., March 22, 2024 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced it has been accepted as an independent laboratory by the United States (U.S.) Coast Guard for testing fire detection equipment that helps alert passengers and crew in case of emergencies and improve vessel safety. With this development, products tested and certified by UL Solutions can now be added to the U.S. Coast Guard's approved equipment list.

Key Points: 
  • With this development, products tested and certified by UL Solutions can now be added to the U.S. Coast Guard's approved equipment list.
  • UL Solutions' extensive expertise in fire safety enables us to test fire detection equipment in demanding marine environments.
  • We are pleased to be accepted as an independent laboratory by the U.S. Coast Guard and help improve safety in the marine environment," said Karine Johnfroe, vice president and general manager of the Built Environment group at UL Solutions.
  • UL Solutions' fire safety testing and certification services, training offerings and expertise support its mission of working for a safer world.

UL Solutions Supports Marine Fire Safety as Independent Laboratory for U.S. Coast Guard Approved Fire Detection Equipment

Retrieved on: 
Friday, March 22, 2024
Emergency, Temperature, Register, United States Coast Guard, Humidity, Built environment, Coast guard, Code, Safety

NORTHBROOK, Ill., March 22, 2024 /PRNewswire/ -- UL Solutions, a global leader in applied safety science, today announced it has been accepted as an independent laboratory by the United States (U.S.) Coast Guard for testing fire detection equipment that helps alert passengers and crew in case of emergencies and improve vessel safety. With this development, products tested and certified by UL Solutions can now be added to the U.S. Coast Guard's approved equipment list.

Key Points: 
  • With this development, products tested and certified by UL Solutions can now be added to the U.S. Coast Guard's approved equipment list.
  • UL Solutions' extensive expertise in fire safety enables us to test fire detection equipment in demanding marine environments.
  • We are pleased to be accepted as an independent laboratory by the U.S. Coast Guard and help improve safety in the marine environment," said Karine Johnfroe, vice president and general manager of the Built Environment group at UL Solutions.
  • UL Solutions' fire safety testing and certification services, training offerings and expertise support its mission of working for a safer world.