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Dallas
Business Journal on October 26, 2007
Exercise caution when 'going green'
In this era of green politics, we can't help but
be taken by the idea behind Transcend Equity Development,
a marketplace driven gamble on energy efficiency.
As we reported in last week's issue, Transcend is
a young company that is betting on its ability to
squeeze savings out of the energy bills commercial
properties. It offers to take over a building's utility
bills and, then, it makes capital improvements to
cut down on the property's energy consumption. As
part of the deal, the landlord pays Transcend the
historical utility tab for a period of years.
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