Wells Fargo lends $2 billion to Green Building projects



Nov. 11

Banking company Wells Fargo & Co. has now surpassed $2 billion in lending for projects certified by the U.S. Green Building Council.

San Francisco-based Wells Fargo said it has more than doubled the number of buildings it has financed since May 2007.

"Our success is a result of doing business with experienced developers and investors," said Larry Chapman, head of commercial real estate at Wells Fargo. "Current market conditions provide us with the opportunity to further demonstrate our unwavering commitment to our commercial real estate customers. Together we can achieve long-term value for our businesses and our society though the development of high performance, resource saving buildings."

Wells Fargo now has financed green buildings in 19 states.

Contact Waste News senior reporter Jim Johnson at (937) 964-1289 or jpjohnson@crain.com

 

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