Download - Silicon Valley & Shari’ah compliant: Find out how thirdACT finances energy efficiency without debt

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The Responsible Finance Podcast

Business

Silicon Valley & Shari’ah compliant: Find out how thirdACT finances energy efficiency without debt

2018-09-19

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Diane Schrader is Founder & CEO of thirdACT. ThirdACT is a FinTech working to drive resiliency in communities with non-debt financing of energy efficiency and renewable energy investment. Instead of using debt, thirdACT finances properties’ energy efficiency upgrades in exchange for a share of future sale proceed for the next 20-30 years. This structure provides an uncertain individual property level return that, with help from big data, can be combined together into a portfolio that meets investor needs.