Wells Fargo Continues its Commitment to Green Biz...

Posted by Expert Gadget Reviewer on Tuesday, 23 March 2010

An update from the November 23, 2009 post: Wells Fargo focuses serious resources (and money) on Clean industries...

Wells recently released its Wells Fargo Environmental Finance Report detailing their efforts in pushing Greentech & Cleantech - a few highlights from Wells Fargo in 2009:

  • Increased environmental loans and investments to over $6 billion
  • Launched three business groups focused on Clean/Green:
    • National Cleantech Commercial Banking Group
    • Clean Technology Investment Banking Group
    • Sustainable Public Infrastructure Group
  • Invested in over 75 commercial scale PV (solar) projects
  • Developed new project financing relationships with SunPower and BP Solar
  • Installed solar PV projects on Wells Fargo retail banking stores in Colorado
Right place at the right time...Wells Fargo is illustrating that good policy can equal good business...