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Provider of energy insurance joins US Green Building Council (USGBC) to support energy efficiency

PEABODY, MA – OCTOBER 31, 2012 – Energi, a leading developer and underwriter of insurance products, announced today that it will present at the Greenbuild International Conference & Expo 2012, the world’s largest conference and expo dedicated to green building taking place in San Francisco from November 14 to 16, 2012. Angela Ferrante, Director of Alternative Energy Solutions at Energi, will participate in the “Testing Innovative Financing Tools for Multifamily Retrofits” panel on Thursday, November 15 at the Moscone Center.

Alongside industry-leading real estate, economic development and energy efficiency consulting firm HR&A Advisors, Inc. and urban sustainability leader Center for Neighborhood Technology (CNT), Energi will discuss new financing approaches to energy efficiency retrofits in multifamily buildings.

As part of its commitment to energy efficiency, Energi has become a member of the United States Green Building Council (USGBC), the leading advocate for sustainable development and green buildings. Together with the USGBC and its community, comprised of thousands of member organizations, Energi is committed to changing the way buildings and communities are designed, built and operated.

“The mission of the USGBC aligns with Energi’s commitment to catalyze growth in energy efficiency through risk mitigation strategies and we see our USGBC membership as a critical partnership for the Company. With over 30,000 members, the USGBC gives Energi access to a community of property owners committed to efficiency and strategies for making new energy investments,” said Brian McCarthy, CEO of Energi.

The USGBC participated as a panelist in the August webinar release of Energi’s Risk Mitigation Reference Guide for New Energy Financing. In Energi’s Case Studies in Underwriting New Energy Loans: Energy Efficiency webinar, Jason Hartke, Vice President of National Policy at the USGBC, presented case study examples of energy efficiency projects completed in the United States and detailed conservation measures, projected savings, customer profiles and project economics.

“We know inefficient, leaky buildings could be the source of huge energy reductions, and therefore huge cost savings,” Hartke said. “In the U.S., we’re talking about $130 billion in potential savings a year. So if we want to realize this tremendous green building opportunity, we need to continue to develop innovative financial mechanisms that greatly facilitate the proliferation of building retrofits, such as the tools Energi is bringing to the market to better enable efficiency projects.”

Click here to learn more about the “Testing Innovative Financing Tools for Multifamily Retrofits” panel or the Greenbuild International Conference & Expo.

About Energi

Energi is a Peabody, Massachusetts-based industrial reinsurance company that provides specialized insurance and risk management products to targeted market segments of the North American energy industry. The core programs include fuel distribution, fuel transport and energy construction. Energi also has products that deliver protections for alternative energy and energy efficiency projects. Founded in 2005 by insurance professionals and energy industry leaders, Energi is licensed in all 50 states. For more information, visit www.energi.com.

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Contacts:

Andrew Pontti
Antenna Group
energi@antennagroup.com
415-977-1936

Edward Scott
Energi, Inc
escott@energi.com
1-978-531-1822 x 318