New & Noteworthy: GEMS, Albizia

posted in: April 2015 | 0

GEMS Update: The Green Energy Market Securitization program, which was the subject of several articles in the March issue of Environment Hawai`i, has signed up with Pacific Rim Bank as the provider of GEMS-backed loans. At its February 26 meeting, the Hawai`i Green Infrastructure Authority (HGIA) approved several agreements needed before the first of the green-energy loans can be made, including one with Pacific Rim Bank to process all the loan applications. Pacific Rim receives an origination fee of 1 percent of the loan amount, plus a servicing fee of half a percent of the outstanding . . .

Please sign in to access password-protected articles.

If you do not subscribe and would like to, if you would like to renew your subscription, or if you want to purchase a 2-day pass, please click here.

If you are a current subscriber, but do not yet have an account, please contact us and we will set one up for you.