March 28, 2014: New $10 Million Fund to Finance Energy Storage Projects
TIP Capital and Green Charge Networks to Offer Zero-Down Financing
BLOOMFIELD HILLS, Mich., and SANTA CLARA, Calif. — TIP Capital, a leader in equipment financing and asset management solutions, and Green Charge Networks (GCN), a provider of intelligent customer-sited energy storage, have announced a program to offer zero-down financing for GCN’s retail, municipal, and industrial customers. The initial commitment will consist of a $10 million fund dedicated to zero-down energy storage financing.
TIP Capital has developed an energy efficiency financing program that allows building and property owners to leverage their utility savings to earmark for TIP Capital’s fixed rate monthly financing payments for HVAC upgrades, lighting retrofits, energy storage, and other qualified energy efficiency projects.