{"id":1004085598,"date":"2013-10-22T08:27:49","date_gmt":"2013-10-22T16:27:49","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004085598"},"modified":"2022-12-04T11:46:20","modified_gmt":"2022-12-04T19:46:20","slug":"the-lineup-hawaii","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/the-lineup-hawaii\/","title":{"rendered":"The Lineup: Hawaii"},"content":{"rendered":"<p>In May, the Aloha State\u2019s legislature passed a bill authorizing an innovative structure for financing commercial and residential energy-efficiency equipment upgrades and on-site generation installations with low-cost debt through a Green Infrastructure Loan Program. It involves investment-grade bond financing \u2013 credit-enhanced through Hawaii\u2019s clean-energy systems benefit charge (a dedicated utility surcharge) \u2013 along with on-bill repayment capabilities.<\/p>\n<p>As interest payments on the green infrastructure bonds come from loan payments by participating businesses \u2013 via the dedicated surcharge \u2013 they should command triple-A ratings, translating to low-interest loans for retrofits and renewable generation projects.<\/p>\n<p>And the bonds don\u2019t entail a general obligation guarantee from the state government \u2013 so nor does the state need to account for the bond obligation in its debt limit, for that matter. Accordingly, Hawaii\u2019s plan is to issue $100 million of these bonds to initially capitalize the loan fund.<\/p>\n<p><em>\u2013 Brad Berton<\/em><\/p>\n<p><em><a href=\"https:\/\/www.commercialsearch.com\/news\/in-print\/the-lineup\/\">View information<\/a>\u00a0on how other states have approached green retrofit financing.\u00a0<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In May, the Aloha State\u2019s legislature passed a bill authorizing an innovative structure for financing commercial and residential energy-efficiency equipment upgrades and on-site generation installations with low-cost debt through a Green Infrastructure Loan Program. It involves investment-grade bond financing \u2013 credit-enhanced through Hawaii\u2019s clean-energy systems benefit charge (a dedicated utility surcharge) \u2013 along with on-bill&hellip;<\/p>\n","protected":false},"author":755,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37301],"tags":[],"class_list":["post-1004085598","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Lineup: Hawaii - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/the-lineup-hawaii\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Lineup: Hawaii\" \/>\n<meta property=\"og:description\" content=\"In May, the Aloha State\u2019s legislature passed a bill authorizing an innovative structure for financing commercial and residential energy-efficiency equipment upgrades and on-site generation installations with low-cost debt through a Green Infrastructure Loan Program. 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