Investing in Sustainability

Going Green likes to highlight and share stories of people and companies that meet at the crossroads of being environmentally friendly, while also getting a solid return on investment. We have been making an effort to highlight more people in the real estate and financial side of sustainability to show the immense opportunities when it comes to investing in sustainability.

We had the chance to sit down with Phillip Everitt, Commercial Area Manager at Ygrene Energy Fund, to learn more about investing in sustainability.

Industry You Work In & Company:

I work in Finance for Ygrene Commercial Funding for Renewable Energy & Efficiency Improvements for Commercial properties in California. The primary markets are Industrial, Hospitality, Non Profits, Multi Family, Mixed Retail, Niche industries. We are the #1 CPACE Funding Group in America, $1 Billion in Funding for CA/FL since 2014.

Investing in Sustainability:

I am a Commercial Area Manager. What that means is I develop, grow and maintain Channel partner relations with Commercial Developer and Contractors, as well as the Property Owners, our mutual clients.

My day to day job includes providing term quotes, and I am responsible for information applicable to to the applicant, property and eligible improvements per CPACE guidelines.

How did you get involved in the sustainable industry?

I was a Licensed General Contractor for 17 years in CA, I started in Residential remodeling
with my own company in Norcal for about a decade. In 2008 circumstances forced me to reconsider my current profession, I became part of the Sales team for Premier Power Inc, who went public my 2nd year. I was the #1 sales rep out of 13 in 2009, was 100% in for Solar Energy.

Since then I have opened sales offices in Hawaii and San Diego for other employers and was the License qualifier and partner for a Solar company overseeing business development and sales and operations for residential and commercial solar projects prior to being employed by Ygrene energy Fund.

What trends are you seeing in your industry?

Solar ESS Seismic are ongoing interests in socal, Ygrene’s unique funding platform and qualification model are allowing Commercial property owners to proceed with improvements without the scrutiny of the Commercial banks. Ygrene’s new “RECAP” of monies spent on eligible projects on qualified structures enables a property owner to get their cash back to use as they need now, benefit from the Ygrene CPACE annual property tax billing 1-2 years with no payment and no out of pocket costs.

What is one “Action Item” the viewers can take away from this conversation?

Renewable energy, property efficiency and sustainability is needed everywhere. Being aware of how these improvements create an envelope of energy efficient living and work environments is in everyone’s best interest. We should all do what we can to make this a better place to live and protect the planet.

Thank you Phillip for taking the time to share your story and teaching us more about investing in sustainability.

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