Pathway Lending officials announced today a commitment of $10 million in loan capital to help Nashville businesses become more energy efficient and sustainable.
With Mayor Karl Dean in attendance, Pathway President Clint Gwin made the announcement at the offices of Kline Swinney Associates, a Nashville-based architecture and design firm nearing the completion of an energy efficiency renovation supported with financing from the Tennessee Energy Efficiency Loan Program operated by Pathway Lending.
The announcement is part of the Sustainable Communities Initiative, an initiative designed to make businesses across Davidson County more energy efficient. The initiative connects businesses owners with the tools and financial resources they need to meet the challenges associated with implementing energy efficiency projects in the workplace. These resources include programs available through TVA, NES, EPA’s ENERGYSTAR program and the U.S. Department of Energy’s Better Buildings Challenge.
“Through its Sustainable Communities initiative, Pathway Lending is making it easier than ever for qualifying businesses to make energy-saving improvements to their buildings,” Dean said in a release. “Thanks to this program, we are positioned to take a major step toward meeting the goals of our city’s Green Ribbon Committee, such as reducing our energy usage and greenhouse gas emissions and meeting national air quality standards. Collaboration is the key to making Nashville the most sustainable community that it can be, and I thank Pathway Lending for making such a strong commitment to these efforts.”
Based in Nashville, Pathway Lending is a nonprofit economic development lender.