MCAP Case Studies

MCAP CASE STUDY #1 - Coppin State University

Challenge: Coppin State University had a need to make energy-saving improvements to facilities, upfront capital to make upgrades, and finding a solution that would not adversely impact their debt profile.

Solution: MCEC was able to deliver 100% financing on project costs through a tax-exempt debt issue by guaranteeing minimum energy savings performance by an ESCO. Cost savings delivered were beyond projections. After loan term is completed, all of the assets and future energy saving revert to Coppin State.

Scope-of-Project: Lighting, HVAC, solar hot water, building envelope, chiller, water conservation measures.

MCAP CASE STUDY #2 - University of Maryland Baltimore County

Challenge: University of Maryland Baltimore County had a need to make energy-saving improvements to facilities, upfront capital to make upgrades, and finding a solution that would not adversely impact their debt profile.

Solution: MCEC was able to deliver 100% financing on project costs through a tax-exempt debt issue by guaranteeing minimum energy savings performance by an ESCO. Energy cost savings are able to pay for the project. After loan term is completed, all of the assets and future energy saving revert to UMBC.

Scope-of-Project: Lighting, water irrigation upgrades, equipment controls to include demand control ventilation.

MCAP CASE STUDY #3 – National Aquarium

Challenge: The National Aquarium was seeking lowest cost financing for energy saving improvements.

Solution: MCEC was able to issue a tax-exempt lease to finance the project

Scope-of-Project: Lighting, HVAC, chiller, water conservation measures, kitchen hood, transformer replacement, building envelope, boiler replacement.

For more information about MCAP financing options, please contact Wyatt Shiflett, Director of Finance Programs at:

phone 443-949-8505

email wshiflett@mdcleanenergy.org