Finance | Page 29

Mayor Bill de Blasio announced on Jan. 10 a goal to divest New York City’s $189 billion pension fund from fossil fuel companies within five years, making the city the first major US pension plan to take this action.

The Church Pension Fund, a financial services organization serving the Episcopal Church, announced an investment of $17 million in the Social Investment Managers & Advisors Off-Grid Solar and Financial Access Senior Debt Fund I B.V.

Nearly 18 months after initially announced, one of Alabama's largest solar projects is up, running and providing renewable energy to Walmart through a long-term contract with Alabama Power.

Deepening the banking sector's influence in the clean energy economy, TD Bank Group recently unveiled a new series of initiatives aimed at advancing the global shift to lower carbon future.

Artist’s rendering of the solar array being developed by WGL Energy and Susquehanna University provided by WGL Energy.

The Bay Area Rapid Transit system, known as BART, recently executed two power purchase agreements for electricity that will propel the fifth-largest rapid transit system in the U.S. far beyond its goal of getting 50% of its energy from renewable sources.

The growth in the renewables industry and the push for corporate sustainability has led to a huge range of PPA options in terms of, amongst other factors, type, structure, pricing and duration. This column from Helen Wallace-Fisher of Accenture outlines a simple matrix that can be used to help corporations design a framework for finding power purchase agreements that best suit its needs.

More than 140 corporate energy buyers and sellers gathered at the PGA National Resort in Palm Beach Gardens, Fla., from Nov. 8 through 10 for the 2017 Smart Energy Decisions Renewable Energy Sourcing Forum, where they discussed corporate procurement trends and strategies for setting and achieving renewable energy goals. 

Kicking off day two of the Smart Energy Decisions Renewable Energy Sourcing Forum, GM's Rob Threlkeld shared tips for energy teams to work alongside their finance departments to achieve big renewable energy goals: "You need to get a good solid mix of short-term goals and what you've got to do to for the long-term vision.

The 2017 Smart Energy Decisions Renewable Energy Sourcing Forum kicked off Nov. 8 with three keynote speeches addressing defining your purpose for renewable sourcing, ensuring that those decisions align with the company's larger strategy and diversifying the approach