"The Delaware Sustainable Energy Utility Bond is anoutstanding example of how the private and public sectors can come together to affect extraordinary change," Senator Chris Coons said. "Dr. Byrne's model is now a Delaware law that will create nearly a thousand jobs and will save millions of tax payer dollars. This program illustrates how ingenuity and creativity can help solve our nation's energy problems and I am proud that Delaware is leading the charge."
U.S. Senator Chris Coons
December 7, 2011
"Moving toward a sustainable energy future will also move our economy toward a sustainable future," said U.S. Senator Tom Carper. "A major role of government is to create a nurturing environment where businesses can grow and create new jobs while also being good corporate citizens. One of the ways can do this is through programs like the Sustainable Energy Utility. Putting America on a clean energy path will not be easy, but if we do it right, we will create new jobs, spur econmic recovery, and improve our health and environment for generations to come."
U.S. Senator Tom Carper
December 7, 2011
Citi, a leading global financial services company with approximately 200 million consumer accounts in more than 160 countries and jurisdictions, is committed to continue developing and offering scalable financial solutions for aggregations of energy efficiency projects. Closed transactions include the Delaware Sustainable Energy Utility, a $70.2 million bond offering projected to create over 1,000 jobs and save State Agencies more than $26 million. Existing projects and projects under development target public and private sector clients, employe a number of financing mechanisms, partner and clients, and are sized starting at a minimum of $25 million for each transaction.
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