Hot off the presses: our 2011 Environmental Finance Report

By Stephanie Rico
March 20th, 2012

Our 2011 Environmental Finance Report (Click to open PDF* in a new window)We’ve blogged about our Environmental Finance Report before, and it’s time to once again!

Right off the bat, we want to say that our customers are leading the way in creating a better, more sustainable future—and we proudly support them. As of 2011, we’ve provided more than $11.7 billion in loans and investments to businesses and projects with a direct positive impact on the environment.

A few of the highlights of the 2011 Environmental Finance Report (PDF*) include:

  • Approximately $450 million in capital deployed to solar photovoltaic projects, doubling total investment in the sector to more than $900 million
  • Approximately $200 million in wind project investments, increasing total wind investment to date to more than $1.6 billion
  • Over $1.5 billion in loans to LEED®-certified commercial buildings and community development projects
  • More than $150 million in loans to commercial banking and community banking cleantech customers

In addition to increasing our financial commitments, we continue to expand new product offerings—such as renewable energy construction financing and cleantech insurance brokerage—while building upon the traditional banking services that we offer customers.

If you’re interested, we definitely encourage you to read the report for more details. You can also email us. And please keep those comments and questions coming!

 

* You will need Adobe® Reader® to view PDF files. Download Adobe Reader.

Tags:   Environmental Finance Report   
Stephanie Rico

Stephanie Rico

Stephanie focuses on helping Wells Fargo achieve its goal of accelerating a transition to a “greener” economy via finance and support of our customers who are looking to take advantage of the benefits of renewable energy and clean technology. Stephanie has a BA in Social Science, Interdisciplinary Studies from San Francisco State University and an MBA from DePaul University’s Kellstadt Graduate School of Business.

Read More Posts by Stephanie e

Leave a Comment

Your email address will not be published.

Your questions and comments really matter to us! We're glad you want to join the conversation and connect with other readers. All we ask is that you keep some simple guidelines in mind:

  • Stay on-topic. Only comments that are related to the subject of the blog entry will be posted.
  • Be respectful. It's okay if you disagree with a post or comment, but please, no personal attacks or offensive language.
  • Maintain your privacy and confidentiality. Please do not provide any of your specific account details or other personal information! If you have immediate service needs, please contact your bank representative or Customer Service.
  • Wells Fargo team members: In the interest of full disclosure, if you are a current employee of or are associated with Wells Fargo, please make note of your affiliation.