First Sustainable’s primary focus is to develop a group of specialty finance businesses under the First Sustainable umbrella, organized to exploit the aggregation of compelling, nascent, renewable/efficiency project asset classes, characterized by proven technology, yielding predictable, long-term cash flows and very favorable risk adjusted returns. Our team of accomplished structured finance and investment professionals seeks to innovate proprietary, bespoke financing solutions to facilitate the most efficient and profitable deployment of such proven sustainable technology.
We principally target large commercial and utility scale projects. We were founded on the vision of facilitating the proliferation of sustainable technology within the framework of market driven solutions. We support sustainable projects that include solar, wind, geothermal, biofuel, biomass, hydro, as well as energy and water efficiency. In addition, First Sustainable may act in a consulting capacity to provide third party developers of sustainable projects, with creative structured finance and capital markets solutions.
First Sustainable was originally formed in March 2009. Through the middle of 2011, First Sustainable concentrated its efforts largely on Western European solar PV projects, by developing an innovative, first-to-market structured finance solution to build and aggregate large portfolios of such projects. Since then, First Sustainable has focused primarily on developing the first ever, truly scalable, market based financial solution to build and aggregate large scale, commercial, energy/water efficiency retrofit projects in the U.S., and ultimately, overseas.
At First Sustainable, we generally endeavor to engineer our financial solutions to provide for permanent debt financing, through the issuance of long-term, asset backed securities. Such bonds can provide the most efficient leverage possible, and thereby, the lowest cost of capital. Consequently, this not only results in the most profitable returns to shareholders, but also the lowest costs to operate sustainable alternatives, relative to conventional power and energy technology.