Publications
Publications
- February 2012 (Revised September 2013)
- HBS Case Collection
Edward Lundberg and the Rockville Building: Energy Efficiency Finance in Commercial Real Estate
By: John D. Macomber and Frederik Nellemann
Abstract
A commercial landlord analyzes options for funding and accomplishing energy efficiency retrofit. The situation is complicated by lease terms and uncertain effectiveness of the intervention. Students must grapple with obstacles including changing energy prices, variations in energy needed in different climate scenarios, issues in net and gross lease responsibilities, and issues in finding adequate cash flow and security to satisfy a range of possible third-party funders. The business opportunity for third-party funders is also discussed.
Keywords
Citation
Macomber, John D., and Frederik Nellemann. "Edward Lundberg and the Rockville Building: Energy Efficiency Finance in Commercial Real Estate." Harvard Business School Case 212-067, February 2012. (Revised September 2013.)