Green lease is an energy-aligned agreement that will reduce energy use in buildings, therefore saving money for the owners and tenants. It also known as an aligned lease, a high performance lease, or an energy-efficient lease. Under most net leases, energy costs are passed through to tenants and are based on their square footage. Green leases promote energy efficiency in a way that aligns the costs and benefits of investments between the owners and tenants, so that both sides would have the financial incentives to save energy.
Associated Renewable's Finance team provides innovative financing options through the medium of green leases, which are highly effective in reducing costs for property owners & managers, while improving tenant energy consumption behavior in target facilities. Contact our Energy Solutions team at (212) 444-8215 to learn about incorporating green leases into your financing mix.