Metrus Energy Sets New Better Buildings Goal After Becoming 2018 Goal Achiever

By Better Buildings Beat Team on Aug 30, 2018

After being recognized for achieving its first Better Buildings goal of $75 million in financing for energy efficiency-as-a-service projects, Financial Ally Metrus Energy has set a new goal of $175 million that it hopes to achieve and exceed in the near future.

Metrus Energy is a San Francisco-based developer and financier of energy and water efficiency retrofit projects at commercial, industrial, and institutional facilities across the country. Metrus’ Efficiency Services Agreement (ESA) is a pay-for-performance, off-balance sheet financing solution that allows customers to implement efficiency projects with no upfront capital expenditure. A few of the projects that helped Metrus Energy achieve its Better Buildings goal also demonstrate the versatility of the ESA model:

Metrus Energy contributed to the $3.6 billion in financing for energy efficiency and renewable energy that Better Buildings Financial Allies funded in 2017. As of December 2017, Metrus has financed $86 million towards their newly-pledged goal of $175 million.