CESA Member Pennsylvania
“CESA is one of very few places where managers of public clean energy funds can turn for timely, targeted advice. As a member of CESA, our fund enjoys increased national recognition and the opportunity to leverage additional resources.”
Visit the TRF Sustainable Development Fund (Pennsylvania) Website
Pennsylvania's TRF Sustainable Development Fund
As The Reinvestment Fund's (www.trfund.com) energy finance arm, the TRF Energy Group operates the Sustainable Development Fund (SDF) (www.trfund.com/sdf), a $32 million fund that uses its capital to make loans, energy performance contract leases, equity investments, and grants to commercial real estate projects, community facilities, and affordable housing, as well as companies involved in energy conservation and clean and renewable energy. The TRF Energy Group is also deploying other capital for high-performance buildings and additional clean energy projects beyond the southeastern Pennsylvania footprint of SDF.
Through the knowledge and experience of its staff, TRF Energy provides high-quality information and policy ideas to government, major nonprofit institutions, and private sector partners. TRF staff serves on the Pennsylvania Energy Advisory Board and the Pennsylvania Energy Development Authority board. Staff has played leadership roles in the design and implementation of the Advanced Energy Portfolio Standard Act (Pennsylvania's legislation that establishes minimum amounts of clean electric energy to be sold over the next fifteen years) and Act 129 (Pennsylvania's legislation that directs electric utilities to meet energy conservation and demand response goals). Staff is also active on the board of directors and the executive committee of the Clean Energy States Alliance.
TRF Energy has built innovative private partnerships to leverage its resources. With Blue Hill Partners, SDF created a special limited partnership (the Pennsylvania Advanced Industrial Technology Fund) to invest in early stage clean energy companies in southeastern Pennsylvania. TRF Energy is partnering with the Pennsylvania state energy office to manage a $48 million green energy loan fund using Recovery Act dollars and with the City of Philadelphia to manage a similar fund for Philadelphia.
