Prime One Capital Focuses on Environment

May 24, 2010 - PRLog -- Prime One Capital believes in supporting and helping to fund environmentally friendly and  sustainable companies.  

The Cleveland-based firm wants to contribute to the benefit of the green environmental movement.  A spokesman said: “The new fund will be focused on sustainable companies, but what kind of structure and what kind of funding we will raise is still very open. There are a number of different scenarios that we may pursue.”

Prime One Capital already runs a micro-finance fund, a renewable energy fund and a venture fund that focuses on minority stakes in social enterprises with a proven business model and desire to grow.

Over the past year, the bank has invested in wind turbines.  Construction will start in September on the wind farms. Installation of the turbines is expected to begin in April 2010 and the project should be complete in June 2011.

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Prime One Capital assists clients with traditional commercial financing requests but our specialty is working on real estate and commercial transactions that require creative structuring.