Cycle7 has helped to develop, structure and close innovative transactions that other consultants might consider too complex or unusual to find funding. It has advised or directly structured and closed nearly $80 MM in clean energy and energy efficiency transactions, including a first-of-its-kind co-generation project, and a set of innovative transactions retrofitting large buildings through a service contract structure. It is currently working to raise capital for a firm with a game-changing technology for communications in large buildings that dramatically increases effectiveness and security for first responders.
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Featured Projects
Empire State Building CoGeneration
Cycle7 is working with its client, Sustainable Development Capital (SDCL), to negotiate and close a lease-leaseback transaction with the New York City Industrial Development Agency. Tax abatements from the transaction will make it feasible for SDCL to build a cogeneration plant in the Empire State Building that will make the building more than 25% more efficient and prevent 6.6 million gallons of water from flowing into the New York City water treatment system.
HUD-BACKED RETROFITS for HOUSING AUTHORITIES
Working with public housing authorities (PHAs) and HUD, Cycle7 learned the mechanics of the system whereby HUD allows PHAs to keep the savings from energy system renovations to use for debt service. Typically, such projects are designed and led by large Energy Performance Contractors, but Cycle7 capitalizes on the skills already within a PHA to help it implement the projects far more cheaply on its own. After successfully executing one of the first such consultant-led efforts, it has since supported $12 million in energy system renovations at three PHAs
Note: Cycle7 is not a broker dealer, and works chiefly to source debt and structure capital.