Montgomery County's Green Bank launches first loan product. Here's its plan for the future.

Montgomery County Green Bank is launching its first loan product for businesses to finance energy efficiency projects — part of a larger plan to spend $14 million in settlement money from the 2016 acquisition of Pepco Holdings Inc. by Exelon Corp. The new Commercial Loan for Energy Efficiency and Renewables, which is being made available through Laurel-based Revere Bank and Ascentium Capital LLC, is just the first of what the new nonprofit hopes will be a series of financial products designed to spur energy efficiency projects across the county, according to Montgomery County Green Bank CEO Thomas Deyo. (Wash. Bus. Journal)

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